sector and an informal sector which absorbs unemployed workers at a flexible wage rate. In this set up greater education for …

sector and an informal sector which absorbs unemployed workers at a flexible wage rate. In this set up greater education for …

skilled wage and unskilled wage. Such a mechanism exists and is independent of whether the tax is progressive or proportional …

that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … have spillover benefits for the unskilled sector while immigration into the production sector will always reduce wage …, aggravating wage inequality. In essence, we infer: (i) if R&D inputs contributes only to skilled sector, wage inequality increases …

, relative wage for the top and bottom would increase. …

market does not affect number of varieties or output per variety, but it affects wage and interest rate, thus affecting … income distribution. With a minimum wage and unemployment availability of credit affects number of varieties. With imperfect …

to understand the reason for increase in wage inequality across labourers due to introduction of AI, in a finite change …-existent) in the non-traded sector separates the skills of the once homogenous workers, thus, creating an intra-sectoral wage gap …. What proportion of the low-skilled workers can move to the higher wage paying sector depends on an adaptability factor that …

-Stiglitz-Krugman model. Later we reflect on wage inequality and unemployment providing some interesting results. …

inter-skill wage inequality. …

that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … have spillover benefits for the unskilled sector while immigration into the production sector will always reduce wage …, aggravating wage inequality. In essence, we infer: (i) if R&D inputs contributes only to skilled sector, wage inequality increases …