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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26634 |
来源ID | Working Paper 26634 |
The Impact of Deunionization on the Growth and Dispersion of Productivity and Pay | |
Giovanni Dosi; Richard B. Freeman; Marcelo C. Pereira; Andrea Roventini; Maria Enrica Virgillito | |
发表日期 | 2020-01-13 |
出版年 | 2020 |
语种 | 英语 |
摘要 | This paper presents an Agent-Based Model (ABM) that seeks to explain the concordance of sluggish growth of productivity and of real wages found in macro-economic statistics, and the increased dispersion of firm productivity and worker earnings found in micro level statistics in advanced economies at the turn of the 21st century. It shows that a single market process unleashed by the decline of unionization can account for both the macro and micro economic phenomena, and that deunionization can be modeled as an endogenous outcome of competition between high wage firms seeking to raise productive capacity and low productivity firms seeking to cut wages. The model highlights the antipodal competitive dynamics between a “winner-takes-all economy” in which corporate strategies focused on cost reductions lead to divergence in productivity and wages and a “social market economy” in which competition rewards the accumulation of firm-level capabilities and worker skills with a more egalitarian wage structure. |
主题 | Microeconomics ; Mathematical Tools ; Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Relations |
URL | https://www.nber.org/papers/w26634 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584308 |
推荐引用方式 GB/T 7714 | Giovanni Dosi,Richard B. Freeman,Marcelo C. Pereira,et al. The Impact of Deunionization on the Growth and Dispersion of Productivity and Pay. 2020. |
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 | ||
w26634.pdf(935KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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