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Title: |
Unemployment in Developing Countries:
Economist's Models in Light of Evidence from Sri Lanka |
| Author: |
Glewwe, Paul |
| Author
Affiliation: |
World Bank |
| Source: |
International Economic Journal, Winter 1987, v. 1, no. 4, pp. 1-17 |
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Publication Date: |
Winter 1987 |
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Abstract: |
Observation of open unemployment in
developing countries has lead some economists to formulate models which
seek to explain this phenomenon. This paper examines unemployment in Sri
Lanka in detail to see whether the assumptions and conclusions of
economists' models are consistent with empirical data. In the case of
Sri Lanka, these models provide a useful starting point but miss some of
the essential details. Until one examines how the unemployed support
themselves and how they spend their time, one's understanding of this
phenomenon, as well as one's suggestions for policy changes, is
necessarily incomplete. |
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