Series: IMF Working Papers
Author(s): Danyang Xie , and Ping Wang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2002
Keywords: industrial transformation, subsistence, skilled labor, unemployment, skilled workers, employment, unemployment rate
This paper constructs an integrated framework to disentangle the underlying economic mechanism of industrial transformation. We consider three essential elements for the analysis: skill requirements, industry-wide...