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30 décembre 2020
- handle: 10670/1.03jega
- hal: hal-04090320
- doi: 10.1093/icc/dtaa025
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info:eu-repo/semantics/altIdentifier/doi/10.1093/icc/dtaa025
Ce document est lié à :
info:eu-repo/grantAgreement//822781/EU/Growth Welfare Innovation Productivity/GROWINPRO
Mots-clés
Simulation Modeling Institutions Macroeconomy Wages Trade Unions C - Mathematical and Quantitative Methods/C.C6 - Mathematical Methods • Programming Models • Mathematical and Simulation Modeling/C.C6.C63 - Computational Techniques • Simulation Modeling E - Macroeconomics and Monetary Economics/E.E0 - General/E.E0.E02 - Institutions and the Macroeconomy E - Macroeconomics and Monetary Economics/E.E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy/E.E2.E24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity J - Labor and Demographic Economics/J.J5 - Labor–Management Relations, Trade Unions, and Collective Bargaining/J.J5.J51 - Trade Unions: Objectives, Structure, and EffectsSujets proches
Earnings Wage rates Wage-fund Departmental salaries Remuneration Pay Salaries Compensation Working class--WagesCiter ce document
Giovanni Dosi et al., « The impact of deunionization on the growth and dispersion of productivity and pay », Archive ouverte de Sciences Po (SPIRE), ID : 10.1093/icc/dtaa025
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Résumé
This article presents an Agent-Based Model (ABM) that seeks to explain the concordance of sluggish growth of productivity and of real wages found in macroeconomic statistics, and the increased dispersion of firm productivity and worker earnings found in micro level statistics in advanced economies at the turn of the 21st century. It shows that a single market process unleashed by the decline of unionization can account for both the macro- and micro-economic phenomena, and that deunionization can be modeled as an endogenous outcome of competition between high wage firms seeking to raise productive capacity and low productivity firms seeking to cut wages. The model highlights the antipodal competitive dynamics between a “winner-takes-all economy” in which corporate strategies focused on cost reductions lead to divergence in productivity and wages and a “social market economy” in which competition rewards the accumulation of firm-level capabilities and worker skills with a more egalitarian wage structure.