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Involuntary Unemployment: An Expository Note |
Henry Y. Wan Jr.() |
Department of Economics, Cornell University, Ithaca, NY 14853, USA |
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Abstract This note is an effort to view the research program of Brecher and his co-workers to deploy tax incentives against involuntary unemployment in the broader context; on both the equity-efficiency trade-off in political economy, and the dual economic structure in the theoretic foundations of market equilibrium.
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Keywords
involuntary unemployment
efficiency wage
wage rigidity
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Issue Date: 15 March 2018
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