Showing 1 - 10 of 46
The Todaro Paradox states that policies aimed at reducing urban unemployment are bound to backfire: they will raise rather than reduce urban unemployment. The aim of this paper is to re-examine this paradox in the context of efficiency wage and search-matching models. For that, we study a policy...
Persistent link: https://www.econbiz.de/10005661672
We develop a search-matching model with rural-urban migration and an explicit land market. Wages, job creation, urban housing prices are endogenous and we characterize the steady-state equilibrium. We then consider three different policies: a transportation policy that improves the public...
Persistent link: https://www.econbiz.de/10008784727
We develop a regional model where, in the city, unemployment prevails because of too high (efficiency) wages, while, in the rural area, workers are paid at their marginal productivity. We characterize the steady-state equilibrium and show that it is unique. We then consider two policies:...
Persistent link: https://www.econbiz.de/10008784746
Muhammad Ali, who ruled Egypt between 1805 and 1849, intervened in Egyptian markets in an attempt to foster … Egyptian history than from other poor countries at that time since Egypt faced the same terms of trade boom typical of most …
Persistent link: https://www.econbiz.de/10011083712
conduct a randomized experiment in post-revolution Egypt to measure the impact of insuring microenterprises against …
Persistent link: https://www.econbiz.de/10011084029
East, with special emphasis to the case of Egypt. It has been noted that high inequality might have contributed to the Arab … income shares in a country like Egypt(or in other Middle East countries). One would need reliable fiscal sources in order to …
Persistent link: https://www.econbiz.de/10011171781
Egypt needs to diversify exports further in order to emerge from its isolation and to draw the maximum advantage from …
Persistent link: https://www.econbiz.de/10005791201
This paper explores the economic impact of a free trade agreement (FTA) between Egypt and the United States, assuming … that Egypt implements both the recently agreed Arab League FTA and a Partnership Agreement with the European Union. An … Egypt-United States agreement would improve Egypt’s economic welfare. Gains would be maximized if the agreement were to …
Persistent link: https://www.econbiz.de/10005791561
This paper assesses the possible impact of a Euro-Mediterranean Agreement (EMA) on Egypt and Jordan and identifies …
Persistent link: https://www.econbiz.de/10005791725
Key questions in evaluating the justification for free trade agreements (FTAs) are whether formal international cooperation is necessary to promote greater contestability of markets through harmonization or recognition of regulatory regimes ("deep integration"), and whether any actions taken to...
Persistent link: https://www.econbiz.de/10005792240