| 来源类型 | Other |
| Labor Market Regulation, International Trade and Footloose Capital. IZA SP No. 10468. | |
| Palokangas T | |
| 发表日期 | 2017 |
| 出处 | IZA Institute of Labor Economics , Bonn, Germany. |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | I examine the effects of globalization in countries where the employed workers support the unemployed and the governments control wages by regulating the workers’ relative bargaining power. I use a general oligopolistic equilibrium model of two integrated countries with two inputs: labor and potentially footloose capital. National competition for jobs by labor market deregulation creates a distortion with suboptimal wages. The mobility of capital aggravates that distortion by increasing the wage elasticity of labor demand, which decreases wages and welfare even further. The delegation of labor market regulation to an international agent eliminates that distortion, increasing wages and aggregate welfare. |
| 主题 | Advanced Systems Analysis (ASA) |
| 关键词 | international trade, footloose capital, labor market regulation, capital market liberalization |
| URL | http://pure.iiasa.ac.at/id/eprint/14294/ |
| 来源智库 | International Institute for Applied Systems Analysis (Austria) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/135742 |
| 推荐引用方式 GB/T 7714 | Palokangas T. Labor Market Regulation, International Trade and Footloose Capital. IZA SP No. 10468.. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| dp10468.pdf（318KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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