The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Segmented labour market-1 | No segmentation | |||||
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\(\sigma_{j}^{LD} = 0. 2\) | \(\sigma_{j}^{LD} = 1. 2\) | \(\sigma_{j}^{LD} = 2. 5\) | \(\sigma_{j}^{LD} = 0. 2\) | \(\sigma_{j}^{LD} = 1. 2\) | \(\sigma_{j}^{LD} = 2. 5\) | |
Labour type | Wage rate W | Wage rate W | Wage rate W | Wage rate W | Wage rate W | Wage rate W |
IRL | 0.04 | − 0.03 | − 0.04 | 0.76 | 0.19 | − 0.06 |
FRL | – | – | – | − 1.81 | − 1.16 | − 0.90 |
CL | − 0.23 | − 0.12 | − 0.08 | 0.79 | 0.15 | − 0.10 |
Involuntary unemployment | 1.1 | 1.13 | 1.15 | – | – | – |