Relative performance evaluation and wage inequality

被引:0
作者
Pi, Jiancai [1 ]
Li, Zixin [1 ]
机构
[1] Nanjing Univ, Sch Business, Dept Econ, 22 Hankou Rd, Nanjing 210093, Peoples R China
关键词
general equilibrium approach; relative performance evaluation; skilled-unskilled wage inequality; BIASED TECHNOLOGICAL-CHANGE; OLIGOPOLISTIC COMPETITION; MANAGERIAL DELEGATION; TECHNICAL CHANGE; MORAL HAZARD; INCENTIVES; UNEMPLOYMENT; WELFARE; COMPENSATION; PROVISION;
D O I
10.1111/manc.12469
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper studies the impact of relative performance evaluation (RPE) on skilled-unskilled wage inequality. We find that in an economy with full employment, skilled-unskilled wage inequality will be expanded when the strength of RPE increases. However, when the urban sector is under the minimum wage restriction, the impact of RPE on skilled-unskilled wage inequality depends on the substitution elasticity between land and unskilled labor in the rural sector. If this substitution elasticity is sufficiently large (resp. small), skilled-unskilled wage inequality will be expanded (resp. narrowed down) when the strength of RPE rises.
引用
收藏
页码:296 / 312
页数:17
相关论文
共 57 条
[1]  
Acemoglu D, 2002, J ECON LIT, V40, P7
[2]   Why do new technologies complement skills? Directed technical change and wage inequality [J].
Acemoglu, D .
QUARTERLY JOURNAL OF ECONOMICS, 1998, 113 (04) :1055-1089
[3]   Executive compensation, strategic competition, and relative performance evaluation: Theory and evidence [J].
Aggarwal, RK ;
Samwick, AA .
JOURNAL OF FINANCE, 1999, 54 (06) :1999-2043
[4]   AN EMPIRICAL-INVESTIGATION OF THE RELATIVE PERFORMANCE EVALUATION OF CORPORATE-EXECUTIVES [J].
ANTLE, R ;
SMITH, A .
JOURNAL OF ACCOUNTING RESEARCH, 1986, 24 (01) :1-39
[5]   The skill content of recent technological change: An empirical exploration [J].
Autor, DH ;
Levy, F ;
Murnane, RJ .
QUARTERLY JOURNAL OF ECONOMICS, 2003, 118 (04) :1279-1333
[6]   Mixed ownership, unemployment, and welfare for a developing economy [J].
Beladi, Hamid ;
Chao, Chi-Chur .
REVIEW OF DEVELOPMENT ECONOMICS, 2006, 10 (04) :604-611
[7]   Downsizing, wage inequality and welfare in a developing economy [J].
Beladi, Hamid ;
Chao, Chi-Chur .
RESEARCH IN ECONOMICS, 2010, 64 (04) :224-228
[8]   Can International Factor Mobility Reduce Wage Inequality in a Dual Economy? [J].
Beladi, Hamid ;
Chaudhuri, Sarbajit ;
Yabuuchi, Shigemi .
REVIEW OF INTERNATIONAL ECONOMICS, 2008, 16 (05) :893-903
[9]  
Bogetoft P., 1990, EUR J POLIT ECON, V6, P217, DOI [10.1016/0176-2680(90)90053-l, DOI 10.1016/0176-2680(90)90053-L]
[10]   Skill-biased technological change and rising wage inequality: Some problems and puzzles [J].
Card, D ;
DiNardo, JE .
JOURNAL OF LABOR ECONOMICS, 2002, 20 (04) :733-783