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

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/2021 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/2021 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/2021 archive 351 disk0/00/00/20/08 2016-01-15 01:51:45 2021-08-27 17:10:55 2016-01-15 01:51:45 monograph show 2 Shishido H. AL0359 Economic Growth and Labor Market Dualism: A Preliminary Study of the Japanese Case pub iis_ecn iis_urb prog_hss 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. 1982-01 published WP-82-007 WP-82-007 2385 public working_paper IIASA, Laxenburg, Austria 65 FALSE info:eu-repo/semantics/book