Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5084126 | International Review of Economics & Finance | 2010 | 7 Pages |
Abstract
Does corruption aggravate wage-inequality? We try to answer this question in terms of a general equilibrium model where both skilled and unskilled workers participate in corruption. Corruption in our model diverts resources from the productive sectors. Factor intensities within the productive sectors and between production and corruption activities determine the wage impact of corruption. Lower degree of corruption may increase wage-inequality although the size of the corruption sector definitely contracts.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Biswajit Mandal, Sugata Marjit,