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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: | 27 Aug 2021 17:10 |
| URI: | https://pure.iiasa.ac.at/2008 |
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