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The Relevance Of Christopher Pissarides' Contribution To Mena Labor Markets

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  • RAGUI ASSAAD

    (Humphrey School of Public Affairs, University of Minnesota and ERF Research Fellow, USA)

Abstract

High unemployment rates in MENA appear to be structural in nature and result from the significant segmentation of the region's economies along formal-informal and public-private lines. It thus appears at first that Christopher's Pissarides' seminal contribution on the search theoretic underpinnings of unemployment are less relevant than a Harris-Todaro-type dual economy model. Nevertheless, I argue in this essay that Pissarides' search theoretic framework is becoming increasingly relevant as the role of public sectors in the labor market is gradually attenuated.

Suggested Citation

  • Ragui Assaad, 2011. "The Relevance Of Christopher Pissarides' Contribution To Mena Labor Markets," Middle East Development Journal (MEDJ), World Scientific Publishing Co. Pte. Ltd., vol. 3(01), pages 1-10.
    • Handle: RePEc:wsi:medjxx:v:03:y:2011:i:01:n:s1793812011000296
    DOI: 10.1142/S1793812011000296
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    References listed on IDEAS

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    1. Abid, Anis Bou & Drine, Imed, 2011. "Efficiency frontier and matching process on the labour market: Evidence from Tunisia," Economic Modelling, Elsevier, vol. 28(3), pages 1131-1139, May.
    2. Kasrin Zein & Lang Guenter, 2013. "Estimating the Beveridge Curve of Egypt: An Econometric Study for the Period 2004 to 2010," Review of Middle East Economics and Finance, De Gruyter, vol. 8(3), pages 1-16, January.
    3. Richard Hobbs, 2001. "Book Review: "Roads, Sensitive Habitats and Wildlife: Environmental Guidelines for India and South Asia", Asha Rajvanshi, Vinod B. Mathur, Geza C. Teleki & Sujit K. Mukherjee," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 3(04), pages 561-562.
    4. Fatma El-Hamidi, 2006. "Why Does the MENA Region Have Such High Unemployment Rates?," Working Paper 270, Department of Economics, University of Pittsburgh, revised Sep 2006.
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