Managing Migration from the Traditional to Modern Sector in Developing Countries

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Tác giả: Larry Karp

Ngôn ngữ: eng

Ký hiệu phân loại: 572.3 General topics of biochemistry

Thông tin xuất bản: Washington, DC: World Bank, 2012

Mô tả vật lý:

Bộ sưu tập: Tài liệu truy cập mở

ID: 308697

This paper models the process of migration from a traditional to a modern sector. Migrants from the traditional sector experience a period of unemployment before finding modern sector jobs. Because of congestion in the process that matches the unemployed with jobs, an increase in the amount of unemployment increases the expected duration of unemployment for the representative migrant. Skilled workers can provide education and other services that decrease the expected duration of unemployment, but the competitive market under-provides these services. Congestion in the search process and the under-provision of migration services are market failures, requiring two types of government policies.
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