The distributional impact of labour market reforms: A model-based assessment

摘要: Abstract This paper studies the effects of labour market reforms on functional distribution income in a DSGE model (Roeger et al., 2008) with skill differentiation, which households supply three types labour: low-, medium- and high-skilled. The receive from labour, tangible capital, intangible financial wealth, transfers. We trace how structural affect these different income. quantification is based changes indicators that significantly reduce gap EU average towards best-performing countries. find general trade-off between an increase employment for particular group member relative to per capita. Reforms, aim at increasing low- medium-skilled workers, are associated fall wages Capital owners generally benefit reforms, share profits total can be attributed limited entry into final goods production sector.