TRADE UNIONS, UNEMPLOYMENT, ECONOMIC GROWTH, AND INCOME INEQUALITY
學年 104
學期 1
出版（發表）日期 2016-01-11
作品名稱 TRADE UNIONS, UNEMPLOYMENT, ECONOMIC GROWTH, AND INCOME INEQUALITY
作品名稱（其他語言）
著者 Chang, Juin-jen; Hung, Hsiao-wen
單位 淡江大學產業經濟學系
出版者 Cambridge: Cambridge University Press
著錄名稱、卷期、頁數 Macroeconomic Dynamics 20(1), p.404-428
摘要 In this paper, unemployment, growth, and income inequality are interdependent and endogenously determined in a unified model of a trade union. Analytically, we show that the effective labor force exhibits an intensive margin response, in the sense that in response to higher unionization the number of employed workers decreases, but each individual employed worker provides more working hours. This intensive margin response leads to the possibility of the coexistence of high unemployment and high growth. Moreover, unionization gives rise to an ambiguous effect on income inequality, whereas it has an unambiguously positive effect on the labor income share and growth rate. Our numerical study shows that the elasticity of substitution between labor and capital plays an important role in governing the steady-state consequences and affecting the impact of (de-) unionization. These results provide not only a plausible explanation of the empirical evidence, but also a reconciliation for the disparity in the empirical findings.
關鍵字 Unionization;Income Inequality;Unemployment;Economic Growth
語言 en
ISSN 1365-1005 1469-8056
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Hung, Hsiao-wen
審稿制度 是
國別 GBR
公開徵稿
出版型式 ,電子版,紙本
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