Literaturnachweis - Detailanzeige
Autor/in | Haanwinckel, Daniel |
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Institution | National Bureau of Economic Research |
Titel | Supply, Demand, Institutions, and Firms. A Theory of Labor Market Sorting and the Wage Distribution. |
Quelle | Cambridge, Mass: National Bureau of Economic Research (2023)
PDF als Volltext (1); PDF als Volltext (2) |
Reihe | NBER working paper series. w31318 |
Beigaben | Illustrationen |
Sprache | englisch |
Dokumenttyp | online; Monographie; Graue Literatur |
DOI | 10.3386/w31318 |
Schlagwörter | Bildungsertrag; Schock; Konjunktur; Lohnhöhe; Lohnstruktur; Mindestlohn; Arbeitsmarkttheorie; Fachkraft; Arbeitspapier; Brasilien |
Abstract | This paper builds a general equilibrium framework with firm and worker heterogeneity, monopsony power, and task-based production to quantify the long-run effects of education, biased demand shocks, and minimum wage. I take it to Brazilian data for 1998 and 2012 and find that (i) supply and demand shocks increase sorting of high-wage workers to high-wage firms, (ii) increased entry of high-wage firms boosts the effect of rising schooling attainment on mean log wages by 25%, and (iii) the minimum wage reduces formal wage inequality but also causes wage loss for mid-productivity workers and disemployment for those at the very bottom. |
Erfasst von | ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel |
Update | 2024/1 |