Chaudhuri, Sarbajit; Bandopadhyay, Titas Kumar - Volkswirtschaftliche Fakultät, … - 2012
The present paper develops a three sector Harris-Todaro (1970) type general equilibrium model of unemployment by incorporating endogenous skill formation. Two types of labour are considered: skilled labour and un-skilled labour. We examine the effects of the inflows of foreign capital on the...