Record ID | marc_loc_2016/BooksAll.2016.part35.utf8:72474063:2318 |
Source | Library of Congress |
Download Link | /show-records/marc_loc_2016/BooksAll.2016.part35.utf8:72474063:2318?format=raw |
LEADER: 02318cam a22002897a 4500
001 2007616293
003 DLC
005 20071122091827.0
007 cr |||||||||||
008 070725s2007 mau sb 000 0 eng
010 $a 2007616293
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aDavis, Donald R.$q(Donald Ray),$d1956-
245 10 $aGood jobs, bad jobs, and trade liberalization$h[electronic resource] /$cDonald R. Davis, James Harrigan.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2007.
490 1 $aNBER working paper series ;$vworking paper 13139
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 7/25/2007.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"Globalization threatens "good jobs at good wages", according to overwhelming public sentiment. Yet professional discussion often rules out such concerns a priori. We instead offer a framework to interpret and address these concerns. We develop a model in which monopolistically competitive firms pay efficiency wages, and these firms differ in both their technical capability and their monitoring ability. Heterogeneity in the ability of firms to monitor effort leads to different wages for identical workers - good jobs and bad jobs - as well as equilibrium unemployment. Wage heterogeneity combines with differences in technical capability to generate an equilibrium size distribution of firms. As in Melitz (2003), trade liberalization increases aggregate efficiency through a firm selection effect. This efficiency-enhancing selection effect, however, puts pressure on many "good jobs", in the sense that the high-wage jobs at any level of technical capability are the least likely to survive trade liberalization. In a central case, trade raises the average real wage but leads to a loss of many "good jobs" and to a steady-state increase in unemployment"--National Bureau of Economic Research web site.
700 1 $aHarrigan, James.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 13139.
856 40 $uhttp://papers.nber.org/papers/w13139