G2TT
来源类型Discussion paper
规范类型论文
来源IDDP50
DP50 Inequality, Malnutrition and Unemployment
Partha Dasgupta; Debraj Ray
发表日期1985-02-01
出版年1985
语种英语
摘要This essay presents a rigorous theory of involuntary unemployment in less developed countries based on the observation that at low consumption levels a person's overall ability to work is impaired. The theory links the incidence of involuntary unemployment in a market economy to the incidence of malnutrition and this in turn to inequality in the distribution of physical assets. The theory is a classical one and attention is deliberately concentrated on situations where there is no aggregate demand deficiency. It is shown that certain patterns of inequality-reducing asset redistribution reduce the incidence of mal-nourishment and the volume of employment and thus increase the aggregate level of output in a market economy. In particular, this means that in such economies there is no necessary conflict between the goal of equality (in the distribution of assets and consumption) and the goal of increasing the aggregate level of output and employment.
关键词Competitive market mechanism General equilibrium Inequality Malnutrition Unemployment
URLhttps://cepr.org/publications/dp50
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529206
推荐引用方式
GB/T 7714
Partha Dasgupta,Debraj Ray. DP50 Inequality, Malnutrition and Unemployment. 1985.
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