作者: Manash Ranjan Gupta , Priya Brata Dutta
DOI: 10.1016/J.ECONMOD.2011.03.030
关键词: Small open economy 、 Economics 、 Wage 、 Unemployment 、 Efficiency wage 、 Economic inequality 、 Labour economics 、 General equilibrium theory 、 Income distribution 、 Involuntary unemployment
摘要: Abstract The paper develops a static three sector competitive general equilibrium model of small open economy in which skilled labor is mobile between traded good and the non-traded unskilled specific to another sector. Capital perfectly among all these sectors. We introduce involuntary unemployment both markets explain using efficiency wage hypothesis. examine effects change different factor endowments prices goods on rates skilled–unskilled relative wage. Also, we Gini-Coefficient income distribution as measure inequality; show that comparative effect may force move opposite directions presence unemployment.