Subsidy policies with capital accumulation: maintaining employment levels.

Abstract

The authors study a dual economy model of growth and unemployment in the presence of Harris-Todaro type labor migration. The model is a discrete time model of economic growth with a given population but endogenous migration of labor. The economy tries to reach development in the quickest possible time while not allowing unemployment to rise above a… (More)

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Cite this paper

@article{Dutta1989SubsidyPW, title={Subsidy policies with capital accumulation: maintaining employment levels.}, author={B. Dutta and Ira N. Gang and Shubhashis Gangopadhyay}, journal={Journal of population economics}, year={1989}, volume={2 4}, pages={301-18} }