Involuntary Unemployment: An Expository Note

Henry Y. Wan Jr.

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Front. Econ. China ›› 2018, Vol. 13 ›› Issue (1) : 83-92. DOI: 10.3868/s060-007-018-0007-5
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Involuntary Unemployment: An Expository Note

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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

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Henry Y. Wan Jr.. Involuntary Unemployment: An Expository Note. Front. Econ. China, 2018, 13(1): 83‒92 https://doi.org/10.3868/s060-007-018-0007-5

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