Trade, Capital Accumulation and Structural Unemployment: An Empirical Study of the Singapore Economy

Trade, Capital Accumulation and Structural Unemployment: An Empirical Study of the Singapore Economy

This paper studies the factors responsible for the secular decline of Singapore's unemployment rate over the period 1966-2000 in an environment of low and stable inflation rates. We introduce wage bargaining and unions into a specific-factors, two-sector economy with an export sector and a non-...

Full description

Saved in:
Bibliographic Details
Main Authors: KEE, Hiau Looi, HOON, Hian Teck
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2005
Subjects:
Endogenous natural rate of unemployment; Wage bargaining; Specific-factors model; Stolper-Samuelson effect; Rybczynski effect
Asian Studies
Growth and Development
Labor Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/1198
https://ink.library.smu.edu.sg/context/soe_research/article/2197/viewcontent/Trade_Capital_Accumulation_and_Structural_Unemployment_pp.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/1198
https://ink.library.smu.edu.sg/context/soe_research/article/2197/viewcontent/Trade_Capital_Accumulation_and_Structural_Unemployment_pp.pdf

Similar Items