Reduction of the wage share of income and increasingly precarious employment

The economic globalization that began in the late 1970s and early 1980s has generated job insecurity for workers. This coincides with two trends: a reduction in the wage share of income and increasingly precarious employment, both of which have been seen in most market economies since the early 1980...

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Autor principal: Velázquez Orihuela, Daniel
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Lenguaje:English
Publicado: 2021
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Acceso en línea:https://hdl.handle.net/11362/47528
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spelling oai-11362-475282021-12-06T18:30:17Z Reduction of the wage share of income and increasingly precarious employment Velázquez Orihuela, Daniel EMPLEO MERCADO DE TRABAJO SALARIOS CONDICIONES DE EMPLEO RELACIONES LABORALES INGRESOS DISTRIBUCION DEL INGRESO MODELOS ECONOMETRICOS EMPLOYMENT LABOUR MARKET WAGES CONDITIONS OF EMPLOYMENT LABOUR RELATIONS INCOME INCOME DISTRIBUTION ECONOMETRIC MODELS The economic globalization that began in the late 1970s and early 1980s has generated job insecurity for workers. This coincides with two trends: a reduction in the wage share of income and increasingly precarious employment, both of which have been seen in most market economies since the early 1980s. This article proposes an efficiency-wage model in a demand-constrained equilibrium scenario, to explain how rising job insecurity has reduced the wage share of income and made employment more precarious. An additional virtue of this model is that it explains several features of the Mexican labour market observed in recent decades. 2021-12-02T11:01:40Z 2021-12-02T11:01:40Z 2021-08-31 Texto Sección o Parte de un Documento https://hdl.handle.net/11362/47528 LC/PUB.2021/13-P 9 en CEPAL Review CEPAL Review 134 .pdf application/pdf MEXICO MEXICO
institution Cepal
collection Cepal
language English
topic EMPLEO
MERCADO DE TRABAJO
SALARIOS
CONDICIONES DE EMPLEO
RELACIONES LABORALES
INGRESOS
DISTRIBUCION DEL INGRESO
MODELOS ECONOMETRICOS
EMPLOYMENT
LABOUR MARKET
WAGES
CONDITIONS OF EMPLOYMENT
LABOUR RELATIONS
INCOME
INCOME DISTRIBUTION
ECONOMETRIC MODELS
spellingShingle EMPLEO
MERCADO DE TRABAJO
SALARIOS
CONDICIONES DE EMPLEO
RELACIONES LABORALES
INGRESOS
DISTRIBUCION DEL INGRESO
MODELOS ECONOMETRICOS
EMPLOYMENT
LABOUR MARKET
WAGES
CONDITIONS OF EMPLOYMENT
LABOUR RELATIONS
INCOME
INCOME DISTRIBUTION
ECONOMETRIC MODELS
Velázquez Orihuela, Daniel
Reduction of the wage share of income and increasingly precarious employment
description The economic globalization that began in the late 1970s and early 1980s has generated job insecurity for workers. This coincides with two trends: a reduction in the wage share of income and increasingly precarious employment, both of which have been seen in most market economies since the early 1980s. This article proposes an efficiency-wage model in a demand-constrained equilibrium scenario, to explain how rising job insecurity has reduced the wage share of income and made employment more precarious. An additional virtue of this model is that it explains several features of the Mexican labour market observed in recent decades.
format Texto
author Velázquez Orihuela, Daniel
author_facet Velázquez Orihuela, Daniel
author_sort Velázquez Orihuela, Daniel
title Reduction of the wage share of income and increasingly precarious employment
title_short Reduction of the wage share of income and increasingly precarious employment
title_full Reduction of the wage share of income and increasingly precarious employment
title_fullStr Reduction of the wage share of income and increasingly precarious employment
title_full_unstemmed Reduction of the wage share of income and increasingly precarious employment
title_sort reduction of the wage share of income and increasingly precarious employment
publishDate 2021
url https://hdl.handle.net/11362/47528
work_keys_str_mv AT velazquezorihueladaniel reductionofthewageshareofincomeandincreasinglyprecariousemployment
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