Growth, Trade and Inequality in an Efficiency-Wage Framework

R. Mendez
Authors registered in the RePEc Author Service: Rodolfo Méndez-Marcano () and Rodrigue Mendez

Papiers d'Economie Mathématique et Applications from Université Panthéon-Sorbonne (Paris 1)

Abstract: The last twenty years have seen a rise of inequalities and a slowdown of growth in the US and Europe. It is common wisdom to interpret the rise of inequalities as the result of a skill-biased labor demand shift. While there is a strong evidence that such a shift has happened, this overlooks the fact that inequality has also markedly risen between individuals with the same qualification. Moreover, endogenous growth models usually predict that this kind of labor demand shift should have been growth enhancing.

Keywords: EFFICIENCY; WAGES; ECONOMIC GROWTH; LABOUR MARKET; INTERNATIONAL TRADE (search for similar items in EconPapers)
JEL-codes: D33 F43 O33 (search for similar items in EconPapers)
Pages: 18 pages
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:fth:pariem:98.10

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