Economic Growth and Labor Market Dualism: A Preliminary Study of the Japanese Case

Shishido H (1982). Economic Growth and Labor Market Dualism: A Preliminary Study of the Japanese Case. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-82-007

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Abstract

This paper gives some preliminary results of a study of the history of Japan's economic development, using a general equilibrium model. After some aspects of Japan's historical development and the structure of the model are briefly described, comparative static and dynamic results are shown.

It is concluded that a model specification allowing for labor unemployment behaves better in replicating history than a specification assuming full employment, as in the orthodox neoclassical framework.

Item Type: Monograph (IIASA Working Paper)
Research Programs: Human Settlements and Services Area (HSS)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:51
Last Modified: 21 Jul 2016 20:47
URI: http://pure.iiasa.ac.at/2008

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