| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP11672
|
| DP11672 Effects of Labor Reallocation on Productivity and Inequality -- Insights from Studies on Transition |
| Jan Svejnar
|
| 发表日期 | 2016-11-30
|
| 出版年 | 2016
|
| 语种 | 英语
|
| 摘要 | From a theoretical perspective the link between the speed and scope of rapid labor reallocation and productivity growth or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such a link appear at the expense of higher income inequality? We explore the rich evidence from earlier studies on worker flows in the period of massive and rapid labor reallocation, i.e. the economic transition from a centrally planned to a market-oriented economy in Central and Eastern Europe. We have collected over 450 estimates of job flows from the literature and used these inputs to estimate the short-run and long-run relationship between labor market flows, labor productivity and income inequality. We apply the tools typical for a meta-analysis to verify the empirical regularities between labor flows and productivity growth as well as income inequality. Our findings suggest only weak and short term links with productivity, driven predominantly by business cycles. However, data reveal a strong pattern for income inequality in the short-run - more churning during reallocation is associated with a level effect towards increased Gini indices. |
| 主题 | Labour Economics
|
| 关键词 | Transition
Job creation
Job destruction
Worker flows
Unemployment
|
| URL | https://cepr.org/publications/dp11672
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540486
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推荐引用方式
GB/T 7714 |
Jan Svejnar. DP11672 Effects of Labor Reallocation on Productivity and Inequality -- Insights from Studies on Transition. 2016.
|
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