Inequality, Malnutrition and Unemployment
AbstractThis 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 50.
Date of creation: Feb 1985
Date of revision:
Contact details of provider:
Postal: Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.