WEKO3
アイテム
Capital-Skill Complementarity, Wage Bargaining, and Inequalities
https://u-hyogo.repo.nii.ac.jp/records/5124
https://u-hyogo.repo.nii.ac.jp/records/5124a44a87a5-4beb-4758-8e2b-72b56d44a888
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
2018feb capital-skill complementarity, wage bargaining and inequality (491.0 kB)
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| Item type | プレプリント / Preprint(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2018-03-06 | |||||
| タイトル | ||||||
| タイトル | Capital-Skill Complementarity, Wage Bargaining, and Inequalities | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | efficient bargaining | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | monopolistic competition | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | unemployment | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | skill-biased technical change | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_1843 | |||||
| 資源タイプ | other | |||||
| 抄録 | ||||||
| 値 | The purpose of this paper is to analyze the effects of medium-run shocks, such as increased capital intensity and skill-biased technical change, on wage inequality and unemployment with capital-skill complementarity technology in a unionized economy, which implies that efficient bargaining determines wages and employment in the skilled labor market of advanced countries. We develop our analysis using the three-factor, two-level CES monopolistic competitive general equilibrium framework. We show the contrasting outcomes of wage inequality and unemployment. Increasing capital intensity can facilitate compression of wage inequality and unemployment only in unskilled labor with some relevant capital-skill complementarity. However, even with the same relevant capital-skill complementarity, skill-based technical change is likely to create not only increasing wage inequality but also unemployment of both skilled and especially unskilled labor. Furthermore, the implications of labor market deregulation reflecting globalization are investigated. In particular, we show that when the reservation wage in the skilled labor market is perfectly sensitive to the unskilled wage, the movements of wages and employment in both skilled and unskilled labors can synchronize. Thus, the effects of medium-shocks on wage inequality, income inequality, and unemployment of both skilled and unskilled labors are likely to be enhanced. | |||||
| 書誌情報 |
Discussion paper en : Discussion paper 号 104, p. 1-31, 発行日 2018-02 |
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| 出版者 | ||||||
| 値 | Institute for Policy Analysis and Social Innovation,University of Hyogo | |||||
| 書誌レコードID | ||||||
| 値 | AA00486892 | |||||
| 著者版フラグ | ||||||
| 値 | publisher | |||||
