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Essays on equilibrium unemployment a...

Navarro, Lucas Aurelio.

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Essays on equilibrium unemployment and wage inequality.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Essays on equilibrium unemployment and wage inequality./
作者:	Navarro, Lucas Aurelio.
面頁冊數:	138 p.
附註:	Source: Dissertation Abstracts International, Volume: 67-01, Section: A, page: 0286.
Contained By:	Dissertation Abstracts International67-01A.
標題:	Economics, Labor. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3202204
ISBN:	9780542500978

Essays on equilibrium unemployment and wage inequality.
Navarro, Lucas Aurelio.

Essays on equilibrium unemployment and wage inequality. - 138 p.

Source: Dissertation Abstracts International, Volume: 67-01, Section: A, page: 0286.

Thesis (Ph.D.)--Georgetown University, 2005.

Chapter 1 presents a noncompetitive labor market with two sectors, a high-wage and a low-wage sector, and two types of workers. This study is based on Acemoglu (2001) who finds in an homogeneous-worker version of the model that instituting labor market policies as an unemployment insurance and a minimum wage can shift the job composition toward high-wage jobs, increase the number of high-wage jobs and increase welfare. I find, however, that if workers are heterogeneous, those policies do not necessary improve job composition and they never increase the number of high-wage jobs. Welfare can still increase.

ISBN: 9780542500978Subjects--Topical Terms:

1019135
Economics, Labor.

Essays on equilibrium unemployment and wage inequality.
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100 1 $a Navarro, Lucas Aurelio. $3 1912205
245 1 0 $a Essays on equilibrium unemployment and wage inequality.
300 $a 138 p.
500 $a Source: Dissertation Abstracts International, Volume: 67-01, Section: A, page: 0286.
500 $a Advisers: James Albrecht; Susan Vroman.
502 $a Thesis (Ph.D.)--Georgetown University, 2005.
520 $a Chapter 1 presents a noncompetitive labor market with two sectors, a high-wage and a low-wage sector, and two types of workers. This study is based on Acemoglu (2001) who finds in an homogeneous-worker version of the model that instituting labor market policies as an unemployment insurance and a minimum wage can shift the job composition toward high-wage jobs, increase the number of high-wage jobs and increase welfare. I find, however, that if workers are heterogeneous, those policies do not necessary improve job composition and they never increase the number of high-wage jobs. Welfare can still increase.
520 $a Chapter 2 investigates the efficiency of human and physical capital investments in a matching model with high- and low-skill jobs and workers. Search frictions and ex-post bargaining imply that wage inequality arises as a result of the difference in investment costs between the sectors. The efficiency properties of the equilibrium are analyzed under the particular division in bargaining proposed by Hosios (1990). The general conclusion is that the equilibrium is inefficient and that, depending on the matching assumption and the relative magnitude of human and physical capital costs, it can involve either under- or over-investment in the high-skill sector.
520 $a Chapter 3, written in collaboration with James Albrecht and Susan Vroman, develops a search and matching model to analyze the effect of labor market policies in an economy with a significant informal sector. Depending on their productivity levels, some workers only work in the formal sector, others work only in the informal sector, and an intermediate group of workers goes back and forth between the formal and the informal sectors. Labor market policy, in addition to its direct effects on the formal sector, affects the composition and size of the formal and informal sectors. Although results suggest that reducing labor market regulations increases net output, a large informal sector can exist in an economy with a flexible labor market.
590 $a School code: 0076.
650 4 $a Economics, Labor. $3 1019135
650 4 $a Economics, Theory. $3 1017575
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790 1 0 $a Vroman, Susan, $e advisor
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791 $a Ph.D.
792 $a 2005
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