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Frontiers of Economics in China

Front. Econ. China    2018, Vol. 13 Issue (1) : 83-92     https://doi.org/10.3868/s060-007-018-0007-5
Orginal Article
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.

Keywords involuntary unemployment      efficiency wage      wage rigidity     
Issue Date: 15 March 2018
 Cite this article:   
Henry Y. Wan Jr.. Involuntary Unemployment: An Expository Note[J]. Front. Econ. China, 2018, 13(1): 83-92.
 URL:  
http://journal.hep.com.cn/fec/EN/10.3868/s060-007-018-0007-5
http://journal.hep.com.cn/fec/EN/Y2018/V13/I1/83
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