2023-09-28 14:46:10 +00:00
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abstract: 'Labor markets are important, because most people, especially the poor,
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derive all or the great bulk of their income from the work they do. This
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paper approaches labor markets through multisector modeling.
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The first main substantive section presents the essence of multisector
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modeling, in particular, the role of labor market dualism. Given that
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labor markets often consist of quite distinct segments, a useful and
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insightful analytical approach is to start,with Just two interrelated
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segments, formal and informal. Accordingly, the next sections present
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models of wages and employment in the formal economy, the informal
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economy, and intersectoral linkages respectively. The final substantive
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section shows the contributions that these models make to understanding
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and to policy analysis in labor markets.
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It would not be expected that the same model would fit East Africa and
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East Asia or South Africa and South Korea. Surely, the ``correct{''''}
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model is context-specific. Blending empirical observation and analytical
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modeling has yielded great advances. Sound labor market policies require
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sound labor market models.'
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affiliation: 'Fields, GS (Corresponding Author), Cornell Univ, Ithaca, NY 14853 USA.
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Cornell Univ, Ithaca, NY 14853 USA.'
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author: Fields, Gary S.
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author-email: gsf2@cornell.edu
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author_list:
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- family: Fields
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given: Gary S.
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da: '2023-09-28'
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files: []
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issn: 0041-3011
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journal: TRIMESTRE ECONOMICO
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keywords-plus: 'ECONOMIC-DEVELOPMENT; INFORMAL-SECTOR; NONAGRICULTURAL ACTIVITIES;
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KUZNETS PROCESS; SURPLUS LABOR; INCOME; UNEMPLOYMENT; INEQUALITY;
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EMPLOYMENT; INVESTMENT'
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language: Spanish
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month: APR-JUN
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number: '298'
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number-of-cited-references: '127'
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pages: 257-297
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papis_id: 7aa794b4e140aae5d53322a8d2035bce
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ref: Fields2008guidemultisectorial
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researcherid-numbers: Vyacheslav, Gromyko/I-5054-2012
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tags:
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- review
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times-cited: '0'
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title: Guide to multisectorial models in the work market in developing countries
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000255576600001
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usage-count-last-180-days: '1'
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usage-count-since-2013: '11'
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volume: '75'
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web-of-science-categories: Economics
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year: '2008'
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