01846cas a2200253 a 4500 AALejournalIMF000167 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451850963 1018-5941 BD-DhAAL BD-DhAAL Bodart, Vincent. Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries : An Application to Cote D'Ivoire / Vincent Bodart, Jean Le Dem. Washington, D.C. : International Monetary Fund, 1995. 1 online resource (43 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents a quantitative macroeconomic model that accounts for key features of the labor market in developing countries. Primarily inspired by Cote d'Ivoire, the model contrasts a formal urban sector, where wages are rigidly fixed and employment is submitted to firms profit-seeking behavior, to urban and rural informal sectors, where wages are flexible and employment is affected by fluctuations in formal sector employment. Dynamic simulations assess the impact on key macroeconomic variables of a terms of trade improvement, a public wage decrease, and an exchange rate adjustment, highlighting the roles of rural-urban migrations and capital accumulation in the informal urban sector. Mode of access: Internet Le Dem, Jean. IMF Working Papers; Working Paper ; No. 1995/087 Full text available on IMF http://elibrary.imf.org/view/journals/001/1995/087/001.1995.issue-087-en.xml IMF e-Library