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
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