Egger, Hartmut (contributor); Kreickemeier, Udo (contributor) - 2008
within
these two subgroups of individuals, as measured by the respective Gini coefficients. Involuntary
unemployment …, Wage Inequality, Unemployment
Outline
1. Introduction
2. Fair Wages and Firm Heterogeneity in a …
models, there is involuntary unemployment at the aggregate level as wages do not adjust to clear the
labour market.
We …