Mandal, Biswajit; Marjit, Sugata - In: International Review of Economics & Finance 19 (2010) 1, pp. 166-172
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...