Inequality and Unemployment Management
Kwangsik Jung
Instructor, Sisa SLS Foreign Language Academy, South Korea
Keywords: Inequality, Unemployment, Middle class, Malmquist index. Productivity index, Data envelopment analysis
Abstract
Many studies have claimed that inequality and unemployment should be reduced. They also assert that the middle class should be increased for economic development. These strategies sound like similar outcome strategies. However, what would happen if they were not? In other words, if reducing inequality and unemployment risks aggravating the middle class, how should we manage inequality and unemployment? In this paper, we will examine this.
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