Involuntary Unemployment: An Expository Note

Henry Y. Wan ()
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Henry Y. Wan: Department of Economics, Cornell University, Ithaca, NY 14853, USA

Frontiers of Economics in China-Selected Publications from Chinese Universities, 2018, vol. 13, issue 1, 83-92

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.

Keywords: involuntary unemployment; efficiency wage; wage rigidity (search for similar items in EconPapers)
JEL-codes: E24 J64 (search for similar items in EconPapers)
Date: 2018
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