Migration, Welfare, Inequality and Shadow Wage
AbstractThe shadow wage in the urban sector is evaluated in a Harris-Todaro type of model using Sen's welfare measure that incorporates inequality in income in the welfare function. It appears that the shadow wage lies above the market wage when the urban sector is underdeveloped. Copyright 1988 by Royal Economic Society.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Oxford Economic Papers.
Volume (Year): 40 (1988)
Issue (Month): 3 (September)
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- M. Ali Khan, 2007.
"The Harris-Todaro Hypothesis,"
Labor Economics Working Papers
22206, East Asian Bureau of Economic Research.
- S.M. Turab Hussain, 2005. "Migration, Policy and Welfare in the Context of Developing Economies : A Simple Extended Family Approach," Development Economics Working Papers 22256, East Asian Bureau of Economic Research.
- Fields, Gary S., 2005. "A welfare economic analysis of labor market policies in the Harris-Todaro model," Journal of Development Economics, Elsevier, vol. 76(1), pages 127-146, February.
- Glenn Jenkins & Chun-Yan Kuo & Arnold C. Harberger, 2011. "Cost-Benefit Analysis for Investment Decisions: Chapter 12 (The Economic Opportunity Cost of Labor)," Development Discussion Papers 2011-12, JDI Executive Programs.
- Lall, Somik V. & Selod, Harris & Shalizi, Zmarak, 2006. "Rural-urban migration in developing countries : a survey of theoretical predictions and empirical findings," Policy Research Working Paper Series 3915, The World Bank.
- Khan, M. Ali Khan, 2007. "The Harris-Todaro Hypothesis," MPRA Paper 2201, University Library of Munich, Germany.
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