Theoretical and Applied Economics
No. 3 / 2021 (628), Autumn
Rural urban migration with heterogeneous firms, heterogonous laborer and the effect of wage subsidy
University of Calcutta, Kolkata, India
Ranajoy BHATTACHARYYA
Indian Institute of Foreign Trade, Kolkata, India
Sukanta BHATTACHARYA
University of Calcutta, Kolkata, India
Abstract. Rural urban migration is an important aspect towards the process of urbanization and development and therefore has been a topic of interest and debate for many economists for several decades. As a result, there exists a vast and diverse literature empirical and theoretical on the causes, consequences and therefore policy considerations and implications of rural urban migration. In this paper a few of the empirical observations are incorporated in a general equilibrium model based on Harris Todaro (1970) and Melitz (2003) to make it more realistically relevant. Later the effect a usual policy of rural wage subsidy is observed in the new model.
Keywords: rural urban migration, heterogeneous firms, informal sector, heterogeneous laborer, unemployment, rural wage subsidy.
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Contents
- Two vital reference elements in the evolution of the current
model of European integration – The Maastricht Treaty
and the implementation of the single currency – Euro
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Alina Ștefania CHENIC
- Development in Romania during the post-crisis period:
A human, economic and social perspective
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- Multifactorial analysis of the price formation in the terms
of a risk-free rate
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Mădălina-Gabriela ANGHEL
Iulian RADU
- Financial contracts with several types of agents
Laura CONSTANTIN
Ștefan Virgil IACOB
Dana Luiza GRIGORESCU
- Evaluation of the methodological relationship
between real business cycle model and macroprudential policy
Ayşegül Ladin SÜMER
- Efficiency of commercial banks in India
after global financial crises
K. RAVIRAJAN
K.R. SHANMUGAM
- Effectiveness of monetary policy and interest rate
pass-through in India since financial sector reforms
N. KUBENDRAN
- FDI and ODA effects on recipient countries imports:
Evidence from selected MENA countries
Mahmoud M. SABRA
- Estimating the relationship between governance,
economic growth, inequality and poverty
Mohammed TOUITOU
Ahmed BOUDEGHDEGH
- Environmental Kuznets curve and India:
Evidence from autoregressive distributed lag model
Jaganath BEHERA
- Rural urban migration with heterogeneous firms,
heterogonous laborer and the effect of wage subsidy
Sravaitri CHAUDHURI
Ranajoy BHATTACHARYYA
Sukanta BHATTACHARYA
- The relationship between exchange rates,
foreign trade and economic growth:
An application on Turkey
Çiğdem ALIM
Necati Alp ERILLI
