کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
972420 932584 2011 13 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The distributive and welfare effects of product and labour market deregulation
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
The distributive and welfare effects of product and labour market deregulation
چکیده انگلیسی

This paper studies the effects of product and labour market deregulation on wage inequality and welfare. By constructing an analytically tractable model in which the level of product market competition and the wages are endogenously distributed among sectors, I show that deregulation in goods market has mixed effects on inequality: the wage variance and the Gini index are lower, but the ratio of the highest over the lowest wage paid in the economy increases. Moreover, deregulation in labour markets raises the aggregate level of employment and the average real wage but reduces the welfare of trade unions in sectors with a low level of competition.

Research Highlights
► Product market deregulation has mixed effects on wage inequality.
► Labour market deregulation reduces welfare of unions operating in poorly competitive sectors.
► Centralization of the wage process may weaken opposition to deregulation reforms.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Labour Economics - Volume 18, Issue 2, April 2011, Pages 205–217
نویسندگان
,