| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2921 |
| DP2921 Firm Interdependence In Foreign Production: Leading UK Firms in 1986 and 1993 | |
| Stephen Pavelin | |
| 发表日期 | 2001-08-15 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | We consider a continuum of workers ranked according to their ability to acquire education, and two firms with different technologies that compete imperfectly in wages to attract these workers. Once employed, each worker bears an education cost proportional to their initial ability, this cost being higher in the high-technology firm. At the Nash equilibrium, we show that unemployed workers are those with the lowest initial abilities. We then study different policies that subsidy either the education cost or wages and compare them. We found that the first best allocation can only be implemented by selective policies. We then analyse second best non-selective policies that do not discriminate between workers and firms and show that, in terms of welfare, subsidizing education costs or wages is strictly equivalent. |
| 主题 | Labour Economics ; Public Economics |
| 关键词 | Nash equilibrium in wages Heterogeneous workers and firms Education Unemployment policies |
| URL | https://cepr.org/publications/dp2921 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531964 |
| 推荐引用方式 GB/T 7714 | Stephen Pavelin. DP2921 Firm Interdependence In Foreign Production: Leading UK Firms in 1986 and 1993. 2001. |
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