Migration, Welfare, Inequality and Shadow Wage
The 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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Volume (Year): 40 (1988)
Issue (Month): 3 (September)
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