Financial globalization and wage inequality

被引：3
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
来源：
SCOTTISH JOURNAL OF POLITICAL ECONOMY | 2023年 / 70卷 / 02期
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
相关论文
共 81 条
[1]   Financial reforms and income inequality [J].
Agnello, Luca ;
Mallick, Sushanta K. ;
Sousa, Ricardo M. .
ECONOMICS LETTERS, 2012, 116 (03) :583-587
[2]  
[Anonymous], 2015, Inequality and Labor Market Institutions
[3]   Factor mobility, wage inequality and welfare [J].
Anwar, Sajid .
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2008, 17 (04) :495-506
[4]   Labor Inflow Induced Wage Inequality and Public Infrastructure [J].
Anwar, Sajid .
REVIEW OF DEVELOPMENT ECONOMICS, 2008, 12 (04) :792-802
[5]   Taxation of labour income and the skilled-unskilled wage inequality [J].
Anwar, Sajid ;
Sun, Sizhong .
ECONOMIC MODELLING, 2015, 47 :18-22
[6]   Capital Taxation in the Twenty-First Century [J].
Auerbach, Alan J. ;
Hassett, Kevin .
AMERICAN ECONOMIC REVIEW, 2015, 105 (05) :38-42
[7]   Financial Globalization, Inequality, and the Rising Public Debt [J].
Azzimonti, Marina ;
de Francisco, Eva ;
Quadrini, Vincenzo .
AMERICAN ECONOMIC REVIEW, 2014, 104 (08) :2267-2302
[8]   Trade and wage inequality: A specific factor model with intermediate goods [J].
Barua, Alokesh ;
Pant, Manoj .
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2014, 33 :172-185
[9]  
Beim D., 2001, Emerging Financial Markets
[10]   Mergers in fiscal federalism [J].
Breuille, Marie-Laure ;
Zanaj, Skerdilajda .
JOURNAL OF PUBLIC ECONOMICS, 2013, 105 :11-22
123456789