Labor Migration and Urban Unemployment: Comment.

This article reviews the article published by economist Michael P. Todaro about urban unemployment in less developed countries. Todaro assumed that rural workers take into account their probability of unemployment when moving to an urban center is an essential concept. Other experts found out that h...

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Publicado en:American Economic Review Vol. 60; no. 1; pp. 184 - 187
Autor principal: Zarembka, Paul
Formato: Artículo
Publicado: American Economic Association Mar1970
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Labor Migration and Urban Unemployment: Comment.
      aug:
        au: Zarembka, Paul
        affil: Assistant professor of economics, University of California, Berkeley
      su:
        Employment
        Todaro, Michael P.
        Rural unemployment
        Unemployment
        Real income
        Emigration & immigration
        Mathematical statistics
        Mathematical models
      sug:
        subj:
          Employment
          Todaro, Michael P.
          Rural unemployment
          Unemployment
          Real income
          Emigration & immigration
          Mathematical statistics
          Mathematical models
      ab: This article reviews the article published by economist Michael P. Todaro about urban unemployment in less developed countries. Todaro assumed that rural workers take into account their probability of unemployment when moving to an urban center is an essential concept. Other experts found out that his paper contains a mathematical error which resulted in a substantial overestimation of urban unemployment. Those experts also present their mathematical model correcting the work of Todaro. They formulated that if given the data on the rate of urban unemployment growth, the rate of employment can also be predicted from the real income differential, and likewise, income differential can be predicted from employment rate.
      pubtype: Academic Journal
      doctype: Article
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    language: English
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