工资停滞的多部门视角

IF 2.3 3区经济学 Q2 ECONOMICS

Review of Economic Dynamics Pub Date : 2024-12-30 DOI:10.1016/j.red.2024.101269

L. Rachel Ngai , Orhun Sevinc

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引用次数: 0

摘要

低技能工人集中在生产率快速增长的行业，但他们的实际工资却停滞不前，落后于总生产率。我们提供证据证明多部门视角的重要性。我们的机制的核心是低技能密集型部门的相对价格下降，这是由其更快的生产率增长所驱动的。这降低了低技能工人的产出相对于其消费篮子的价格，从而抑制了他们的工资增长，而将他们转移到对其劳动力不那么重视的行业，则进一步加强了这种增长。我们将双部门模型校准到1980-2010年的美国经济，发现这一机制在数量上是重要的。我们的反事实分析表明，如果观察到的总生产率增长在各个部门之间均匀分布，低技能的实际工资增长将几乎翻倍。

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A multisector perspective on wage stagnation

Low-skill workers are concentrated in sectors experiencing fast productivity growth, yet their real wages have stagnated and lagged behind aggregate productivity. We provide evidence demonstrating the importance of a multisector perspective. Central to our mechanism is the decline in the relative price of the low-skill intensive sector driven by its faster productivity growth. This dampens wage gains for low-skill workers by lowering the price of their output relative to their consumption basket, which is further reinforced by shifting them into the sector where less weight is placed on their labor. We calibrate the two-sector model to the 1980–2010 U.S. economy and find this mechanism to be quantitatively important. Our counterfactual analysis reveals that low-skill real wage growth would have nearly doubled if the observed aggregate productivity growth had been evenly distributed across sectors.

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来源期刊

Review of Economic Dynamics ECONOMICS-

CiteScore

3.30

自引率

0.00%

发文量

期刊介绍： Review of Economic Dynamics publishes meritorious original contributions to dynamic economics. The scope of the journal is intended to be broad and to reflect the view of the Society for Economic Dynamics that the field of economics is unified by the scientific approach to economics. We will publish contributions in any area of economics provided they meet the highest standards of scientific research.