Non-traded goods,firm dynamics and wages in a service economy

By considering the term-of-trade and volume-of-trade effects, Jones (2012) examines the distributive effect in a competitive economy with non-traded goods. This paper reexamines the effect in an imperfectively competitive economy with firm dynamics. A rise in foreign demand can generate revenue and also mitigate market distortion, whereas skilled-unskilled wage inequality can be magnified or mitigated via the effect on firm entry or exit. Thus, how to achieve the trade-off among growth, inequality and the environment becomes an important task for government decision-makers, especially so during the pandemic of Covid-19.     

Downward Wage Rigidity in Europe: A New Flexible Parametric Approach and Empirical Results

Abstract. We suggest a new parametric approach to estimate the extent of downward nominal wage rigidity in ten European countries between 1995 and 2001. The database used throughout is the User Data Base of the European Community Household Panel (ECHP). The proposed approach is based on the generalized hyperbolic distribution, which allows to model wage change distributions characterized by thick tales, skewness and leptokurtosis. Significant downward nominal wage rigidity is found in all countries under analysis, but the extent varies considerably across countries. Yearly estimates reveal increasing rigidity in Italy, Greece and Portugal, while rigidity is declining in Denmark and Belgium. The results imply that the costs of price stability differ substantially across Europe.     

关于规范国企高管年薪及制订《工资法》的建议

国企高管年薪过高的问题,成为人们对分配不公意见的焦点之一。国企高管的天价年薪,没有法律上的依据。应尽快制订工资法,对全国各行各业的工资进行调整规范。     

Search costs and efficiency: Do unemployed workers search enough?

Many labor market policies affect the marginal benefits and costs of job search. The impact and desirability of such policies depend on the distribution of search costs. In this paper, we provide an equilibrium framework for identifying the distribution of search costs and we apply it to the Dutch labor market. In our model, the wage distribution, job search intensities, and firm entry are simultaneously determined in market equilibrium. Given the distribution of search intensities (which we directly observe), we calibrate the search cost distribution and the flow value of non-market time; these values are then used to derive the socially optimal firm entry rates and distribution of job search intensities. From a social point of view, some unemployed workers search too little due to a hold-up problem, while other unemployed workers search too much due to coordination frictions and rent-seeking behavior. Our results indicate that jointly increasing unemployment benefits and the sanctions for unemployed workers who do not search at all can be welfare-improving.     

试论低端劳动力工资形成机制的变革及其经济效应

自2004年“民工荒”暴发后，农民工工资结束了长期的停滞状态，进入了一个快速的上升通道。工资水平的上涨是由人口因素、周期因素、政策因素、结构因素等多因素导致的。随着农民工工资形成机制从传统的生存工资法则转向保留工资约束下的市场议价型工资法则，中国经济将迎来工资快速上涨的新时期。收入分配格局的变动为中国迎来库兹涅茨倒U曲线的拐点性转变提供了新契机，为缩小收入分配差异过大提供了新的可能性，这将促进中国经济增长模式由外需驱动型向内需驱动型、由投资驱动型向消费驱动型的加速转变。     

投入50亿元以奖代罚治理六省市大气污染的绩效探讨

在大气污染治理中,经济利益与环保压力、防治与排污之间的博弈,影响着大气污染治理的绩效.过去的环保政策和治理行为表明：逐利博弈下,环保治理“罚”得很困窘,防治污染的效果不大.只有设计出多重激励下的“奖”励政策,才会产生很好的大气污染治理绩效.     

Jobs with different wage determination mechanisms, social efficiency and unemployment

The purpose of this paper is to construct a theoretical framework for the labor market, which is composed of a variety of jobs with different wage determination mechanisms. We identify an equilibrium in which some firms post a wage and others bargain with workers. This paper shows that the proportion of firms adopting wage bargaining in a decentralized equilibrium is below the socially optimal level. We identify policies to increase this proportion and to improve social efficiency. Furthermore, we examine the impact of those policies on unemployment. The results of this study will determine the direction of employment policy on the labor market with various employment styles.     

The evolving pattern of the wage–labor productivity nexus in China: Evidence from manufacturing firm-level data

By employing a large dataset of nation-wide state-owned and non-state-owned manufacturing enterprises in the period 1998–2007, this paper analyzes the evolving pattern of the correlation and spread between wages and labor productivity in China's manufacturing sector and its influence factors. We find that although a significant positive correlation between wages and labor productivity in manufacturing firms exists, this positive nexus has become weak and loose. We also find that, since the 1990s, the labor productivity of Chinese manufacturing enterprises has gained a much greater growth rate than that of the wage level, and therefore the spread between wages and labor productivity has been widening over time. A variety of factors that have influenced the wage–labor productivity nexus of Chinese manufacturing enterprises are identified and discussed with regression models.     

基于监督与惩罚的食品供应链突发事件治理研究

构建以食品供应链内核心企业为主导、其他成员企业为从属关系的监管博弈模型,分析核心企业所实施的惩罚力度和发现概率两种监管手段对防范供应链成员非诚信行为的作用,并对两种监管手段的效果进行比较分析。     

The Chinese State Enterprise Sector: Labour Market Reform and the Impact on Male–Female Wage Structure

The paper examines the wage structure in the Chinese state enterprise sector between 1981 and 1987. This period is of particular interest given the introduction of major labour market reforms in China during the early 1980s. In essence the reforms represented a movement away from administratively determined prices towards a market–oriented system combined with a relatively flexible system of labour allocation. The Juhn, Murphy and Pierce (1991) decomposition is employed to shed light on the role of changing labour market institutions over the period.
JEL classification : J 31; J 16