Gender Wage Inequality and Economic Recession |
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Authors: | Podder Somasree |
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Affiliation: | 1.Department of Economics, Lady Brabourne College, Flat No 5A, 360 Dum Dum Park, Kolkata, 700055, India ; |
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Abstract: | The Paper develops a two sector full employment general-equilibrium model for a small open developing economy, with both male and female labor. One sector produces low-skilled export commodity while other sector produces high skilled import competing commodity. The effects of world-wide economic recession on gender wage inequality have been examined in such an economy. The analysis concludes that low demand for high skilled commodity and/or low volume of foreign direct investment due to recession may aggravate the average gender wage inequality in the economy. |
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