FIRM HETEROGENEITY AND THE LABOR MARKET EFFECTS OF TRADE LIBERALIZATION

• 成果类型: Article
• 署名作者: Egger, Hartmut; Kreickemeier, Udo
• 署名单位: Leibniz Association; Ifo Institut; University of Bayreuth; University of Nottingham
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/j.1468-2354.2008.00527.x
• 发表日期: 2009
• 页码: 187-216
• 关键词: INTERNATIONAL-TRADE; wage inequality; Fair wages; unemployment; RIGIDITY; returns; MODEL

摘要

This article develops a model that incorporates workers' fair wage preferences into a general equilibrium framework with heterogeneous firms. In a setting where the wage considered to be fair by workers depends on the productivity of the firm they are working in, we study the determinants of profits, involuntary unemployment and within-group wage inequality. We use this model to investigate the effects of globalization, thereby pointing to distributional conflicts that have so far not been accounted for: a simultaneous increase of average profits and involuntary unemployment as well as a surge in within-group wage inequality.