Note of search unemployment and wage differentials

dc.contributor.author	Tobin, James
dc.date.accessioned	2011-06-23T14:33:04Z
dc.date.available	2011-06-23T14:33:04Z
dc.date.issued	1972-11
dc.identifier.citation	Tobin, James (1972) Note of search unemployment and wage differentials. Working Paper 71, Nairobi: Institute for Development Studies, University of Nairobi	en_GB
dc.identifier.uri	https://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/980
dc.description.abstract	This note presents a formula for the equilibrium ratio of the number of urban job seekers to the number of formal sector jobs when a non-competitive wage differential is maintained between the wage in the formal sector and earnings elsewhere in the economy. The loss of national product due to the wage differential is also examined. The loss attributable to the misallocation of labor is accentuated by the incentive which a high urban wage gives for wasteful job-seeking.	en_GB
dc.language.iso	en	en_GB
dc.publisher	Institute for Development Studies, University of Nairobi	en_GB
dc.relation.ispartofseries	Working papers.;71
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/	en_GB
dc.subject	Work and Labour	en_GB
dc.title	Note of search unemployment and wage differentials	en_GB
dc.type	Series paper (non-IDS)	en_GB
dc.rights.holder	Institute for Development Studies, University of Nairobi	en_GB
dc.identifier.blds	322343

Except where otherwise noted, this item's license is described as http://creativecommons.org/licenses/by-nc-nd/3.0/