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Product market integration, rents and wage inequality

Andersen, Torben M.; Sørensen, Allan - School of Economics and Management, University of Aarhus - 2010

Globalization in the form of product market integration affects labour markets and produces winners and losers. While there are aggregate gains, it is in general ambiguous how inequality is affected. We explore this issue in a Ricardian model and show that it depends on the balance between...

Persistent link: https://www.econbiz.de/10008587735

Integration, labor market regulation, lobbying, and technological change

Palokangas, Tapio K. - 2009

This paper examines an economic union where oligopolistic firms produce by skilled and unskilled labor and do in-house R&D by skilled labor. The planner of the union accepts new members to the union, regulates the labor market through a minimum wage for unskilled labor and supports firms by...

Persistent link: https://www.econbiz.de/10003830286

Economic integration, market power and technological change

Palokangas, Tapio K. (contributor) - 2005

We examine a common market which expands by integrating new regions. Capitalists are strategically interdependent through the goods market and they improve their productivity through R&D. Production and R&D employ unionized workers. The purpose of integration is to maximize a weighed average of...

Persistent link: https://www.econbiz.de/10002804842

Economic Integration, Market Power and Technological Change

Palokangas, Tapio - 2021

Persistent link: https://www.econbiz.de/10013318522

Product Market Integration and Labour Markets : Aggregate Gains at the Cost of More Inequality?

Andersen, Torben M.; Sorensen, Allan - 2021

model that aggregate increases in wages and employment may conceal important differences across sectors/groups driven by a …

Persistent link: https://www.econbiz.de/10013317238

The political economy of labor market regulation with R&D

Palokangas, Tapio K. - 2014

In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human capital (i.e. key workers) for production and R&D. There are many jurisdictions, in each of which a self-interested policy maker can regulate/deregulate the local labor market. I...

Persistent link: https://www.econbiz.de/10010350356

Trade, Jobs, and Inequality

Beaton, kim; Cerra, Valerie; Hadzi-Vaskov, Metodij - 2022

This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the … firm-level dataset to examine the impact of import competition on employment, wages, and firm performance, as well as the … industries, import competition actually strengthens employment growth. In addition, import competition tends to improve average …

Persistent link: https://www.econbiz.de/10013306781

Economic growth with political lobbying and wage bargaining

Palokangas, Tapio - 2009

central planner eliminates union power altogether to have full employment. On the other hand, if (b) is more effective than (a …

Persistent link: https://www.econbiz.de/10010269189

Integration, labor market regulation, lobbying, and technological change

Palokangas, Tapio - 2009

Persistent link: https://www.econbiz.de/10010269270

Economic growth with political lobbying and wage bargaining

Palokangas, Tapio K. - 2009

central planner eliminates union power altogether to have full employment. On the other hand, if (b) is more effective than (a …

Persistent link: https://www.econbiz.de/10003830196