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A Welfare Economic Analysis Of Labor Market Policies In The Harris-Todaro Model, Gary S. Fields Mar 2010

A Welfare Economic Analysis Of Labor Market Policies In The Harris-Todaro Model, Gary S. Fields

Gary S Fields

This paper presents a welfare economic analysis of the benefits of various labor market policies in the Harris-Todaro labor market model. The policies considered are a policy of modern sector job creation, which I call modern sector enlargement (MSENL); a policy of rural development, which I call traditional sector enrichment (TSENR); and a policy of wage limitation in the urban economy, which I call modern sector wage restraint (MSWR). First, I analyze the inequality effects of these policies. I then perform two welfare economic analyses, the first based on summary measures of labor market conditions (total labor earnings, unemployment, inequality …


Standing At A Crossroads: The Building Trades In The Twenty-First Century, Mark Erlich, Jeffrey Grabelsky Jan 2010

Standing At A Crossroads: The Building Trades In The Twenty-First Century, Mark Erlich, Jeffrey Grabelsky

Jeffrey Grabelsky

American building trades unions have historically played a critical and stabilizing role in the nation’s construction industry, establishing uniform standards and leveling the competitive playing field. Union members have enjoyed better than average wages and benefits, excellent training opportunities, and decent jobsite conditions. But in the last thirty years the industry has undergone a dramatic transformation. This article describes the decline in union density, the drop in construction wages, the growth of anti-union forces, the changes in labor force demographics, the shift toward construction management, and the emergence of an underground economy. It also analyzes how building trades unions have …