Why may policies designed to reduce urban unemployment not greatly reduce poverty in developing countries?

Why may policies designed to reduce urban unemployment not greatly reduce poverty in developing countries?
November 17, 2020 Comments Off on Why may policies designed to reduce urban unemployment not greatly reduce poverty in developing countries? Uncategorized Assignment-help
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Use the PowerPoint presentation of the Harris-Todaro model and answer the questions:. -Suppose the rural wage is $1.25 per day. Urban, industrial sector employment can be obtained with 0.5 probability and pays $2.75 per day. -Will there be any rural-urban migration? Explain your reasoning and compute the value that would reverse your answer. -Why may policies designed to reduce urban unemployment not greatly reduce poverty in developing countries? -How could the removal of labor market distortions increase employment even if the manufacturing labor demand curve is steep?