G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w1666
来源IDWorking Paper 1666
A Theory of Dual Labor Markets with Application to Industrial Policy, Discrimination and Keynesian Unemployment
Jeremy I. Bulow; Lawrence H. Summers
发表日期1985-07-01
出版年1985
语种英语
摘要This paper develops a model of dual labor markets based on employers' need to motivate workers. In order to elicit effort from their workers, employers may find it optimal to pay more than the going wage. This changes fundamentally the character of labor markets. The modelis applied to a wide range of labormarket phenomena. It provides a coherent framework for understanding the claims of industrial policy advocates. It also can provide the basis for a theory of occupational segregation and discrimination which will not be eroded by market forces. Finally, the model provides the basis for a theory of involuntary unemployment.
URLhttps://www.nber.org/papers/w1666
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/558909
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GB/T 7714
Jeremy I. Bulow,Lawrence H. Summers. A Theory of Dual Labor Markets with Application to Industrial Policy, Discrimination and Keynesian Unemployment. 1985.
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