Financial globalization and wage inequality

被引:1
作者
Pi, Jiancai [1 ]
Zhang, Kaiqi [1 ]
Huang, Xiangyu [1 ]
机构
[1] Nanjing Univ, Sch Business, Dept Econ, 22 Hankou Rd, Nanjing 210093, Peoples R China
关键词
capital taxation; financial globalization; wage inequality; PUBLIC INFRASTRUCTURE; INCOME INEQUALITY; TAX COMPETITION; QUANTITY COMPETITION; DEVELOPING-COUNTRIES; TAXATION; TRADE; LABOR; INTEGRATION; WEALTH;
D O I
10.1111/sjpe.12333
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyzes how financial globalization affects skilled-unskilled wage inequality. We treat financial globalization as more regions being integrated into the global financial market. We find that a higher degree of financial globalization will decrease skilled-unskilled wage inequality if it induces a small increase in the capital tax rate. However, a higher degree of financial globalization will increase skilled-unskilled wage inequality if it induces a big increase in the capital tax rate.
引用
收藏
页码:144 / 157
页数:14
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