Segmented or Competitive Labor Markets
暂无分享,去创建一个
A normal Roy model with four sectors is developed. It allows to derive tests of several assumptions on the working of the labor market: strongly or weakly competitive or segmented. It shows that more important a feature of labor markets than segmentation is the presence of comparative advantages for individuals between the various economic sectors. The model is applied to data on women's labor-force participation in the main towns of Colombia in 1980. It uses multivariate probit and Tobit techniques. Copyright 1991 by The Econometric Society.
[1] Janet L. Yellen,et al. Efficiency Wage Models of the Labor Market , 1986 .
[2] Adrian Pagan,et al. The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics , 1980 .
[3] M. Sattinger. Capital and the distribution of labor earnings , 1981 .