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Journal of Quantitative Economics

, Volume 16, Issue 1, pp 155–171 | Cite as

Gender Wage Inequality and Economic Recession

Original Article
  • 218 Downloads

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.

Keywords

Male labor Female labor Gender wage inequality Economic recession General equilibrium 

JEL Classification

D50 G01 J16 

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Copyright information

© The Indian Econometric Society 2017

Authors and Affiliations

  1. 1.Department of EconomicsLady Brabourne CollegeKolkataIndia

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