Further, those employed women suffer from a 76%wagedifferentialcompared to like qualified men.
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Indeed, a sufficiently strongwagedifferentialleads to the occurrence of cycles of period 2 and local indeterminacy.
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At this stage, we can remark that thewagedifferentialis an increasing function of the parameter e1 at the steady state.
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In particular, we show that endogenous fluctuations can occur only if thewagedifferentialis sufficiently strong.
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Most of these remarks allow us to study the influence of thewagedifferentialon the occurrence of endogenous fluctuations.
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The existence of trade unions and other institutional factors that increased thiswagedifferentialwere recognized.
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We study the influence ofwagedifferentialon the emergence of endogenous fluctuations.
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Then, the skilled worker will not shirk for a weakerwagedifferential.
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In what follows, we first present why a sufficiently highwagedifferentialpromotes the occurrence of indeterminacy and endogenous cycles.
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Thewagedifferentialbetween non-profit institutions and corporations: getting more by paying less?
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