DISGUISED, URBAN UNEMPLOYMENT AND WELFARE IN A GENERAL EQUILIBRIUM MODEL WITH SEGMENTED LABOR MARKETS*
将分割劳动力市场理论与Ranis-Fei二元经济模型结合，分析农村隐性失业和城市失业两种类型，发现城市部门积累可能提高失业并降低福利，而农村部门积累总是提高福利但增加隐性失业。
ABSTRACT This paper integrates the theory of segmented labor markets with the Ranis‐Fei model of dualism to analyze two types of unemployment; disguised unemployment in the rural sector and urban unemployment. The major results obtained are (1) sector‐specific accumulation in the urban area may raise unemployment and lower welfare and (2) sector‐specific accumulation in the rural sector always raises welfare but increases disguised unemployment. These results highlight the importance of regional resource allocation and the role of the agricultural sector in reducing urban unemployment.