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Full-Text Articles in Labor Economics
The Critical Wage, Unemployment Duration, And Wage Expectations: The Case Of Chile, A. Studenmund, Sholeh Maani
The Critical Wage, Unemployment Duration, And Wage Expectations: The Case Of Chile, A. Studenmund, Sholeh Maani
A. H. Studenmund
This study tests the relevance of the job search model to understanding unemployment in developing countries by utilizing a 1982 data set describing unemployed men in Chile. The findings indicate that the model is relevant to a developing country: the job seekers studied based their critical wages on their perceptions of their own productivity, economic resources, and search costs, and they reduced their wage requirements as the duration of their unemployment increased. The authors also show, in the first direct test of this question, that the critical wage and the expected wage are determined jointly and that the expected wage …
Development, Mobility And Slavery: Real Income And Spatial Equilibrium In The Postbellum South, Philip E. Graves, Robert L. Sexton
Development, Mobility And Slavery: Real Income And Spatial Equilibrium In The Postbellum South, Philip E. Graves, Robert L. Sexton
Robert L Sexton
The paper lacks an abstract but provides additional insights into why blacks remained in the South for so long following the Emancipation Proclamation leading to the abolition of slavery in the United States.