Labor Union and the Wealth-Income Ratio
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Chu, Angus C. & Kou, Zonglai & Liu, Xueyue, 2018. "Labor union and the wealth-income ratio," Economics Letters, Elsevier, vol. 167(C), pages 29-35.
References listed on IDEAS
- Chu, Angus C. & Cozzi, Guido & Furukawa, Yuichi, 2016.
"Unions, innovation and cross-country wage inequality,"
Journal of Economic Dynamics and Control, Elsevier, vol. 64(C), pages 104-118.
- Chu, Angus C. & Cozzi, Guido & Furukawa, Yuichi, 2014. "Labor Unions, Directed Technical Change and Cross-Country Income Inequality," MPRA Paper 58886, University Library of Munich, Germany.
- Chu, Angus C. & Cozzi, Guido & Furukawa, Yuichi, 2015. "Unions, Innovation and Cross-Country Wage Inequality," MPRA Paper 68447, University Library of Munich, Germany.
- Dierk Herzer, 2016. "Unions and Income Inequality: A Heterogeneous Panel Co-integration and Causality Analysis," LABOUR, CEIS, vol. 30(3), pages 318-346, September.
- Jones, Charles I & Williams, John C, 2000.
"Too Much of a Good Thing? The Economics of Investment in R&D,"
Journal of Economic Growth, Springer, vol. 5(1), pages 65-85, March.
- Charles I. Jones & John C. Williams, "undated". "Too Much of a Good Thing? The Economics of Investment in R&D," Working Papers 95006, Stanford University, Department of Economics.
- Charles I. Jones & John C. Williams, 1999. "Too Much of a Good Thing? The Economics of Investment in R&D"," Working Papers 99015, Stanford University, Department of Economics.
- Charles I. Jones & John C. Williams, 1995. "Too much of a good thing? The economics of investment in R&D," Finance and Economics Discussion Series 95-39, Board of Governors of the Federal Reserve System (U.S.).
- Charles I. Jones & John C. Williams, "undated". "Too Much of a Good Thing? The Economics of Investment in R&D," Working Papers 96005, Stanford University, Department of Economics.
- Charles I. Jones & John C. Williams, 1999. "Too Much of a Good Thing? The Economics of Investment in R&D," NBER Working Papers 7283, National Bureau of Economic Research, Inc.
- Jones, C-I & Williams, J-C, 1996. "Too Much of a Good Thing? The Economics of Investment in R&D," Papers 538, Harvard - Institute for International Development.
- Francisco L. Rivera-Batiz & Luis A. Rivera-Batiz, 2018.
"Economic Integration and Endogenous Growth,"
World Scientific Book Chapters, in: Francisco L Rivera-Batiz & Luis A Rivera-Batiz (ed.), International Trade, Capital Flows and Economic Development, chapter 1, pages 3-32,
World Scientific Publishing Co. Pte. Ltd..
- Luis A. Rivera-Batiz & Paul M. Romer, 1991. "Economic Integration and Endogenous Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 531-555.
- Luis A. Rivera-Batiz & Paul M. Romer, 1990. "Economic Integration and Endogenous Growth," NBER Working Papers 3528, National Bureau of Economic Research, Inc.
- Boone, Jan, 2000. "Technological Progress, Downsizing and Unemployment," Economic Journal, Royal Economic Society, vol. 110(465), pages 581-600, July.
- repec:wly:soecon:v:82:3:y:2016:p:935-951 is not listed on IDEAS
- Daron Acemoglu, 2002.
"Directed Technical Change,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 69(4), pages 781-809.
- Daron Acemoglu, 2001. "Directed Technical Change," NBER Working Papers 8287, National Bureau of Economic Research, Inc.
- Ai-Ting Goh & Jacques Olivier, 2002.
"Optimal Patent Protection in a Two-Sector Economy,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(4), pages 1191-1214, November.
- Jacques Olivier & Ai-Ting Goh, 2002. "Optimal Patent Protection in a Two-Sector Economy," Post-Print hal-00460082, HAL.
- Jan De Loecker & Jan Eeckhout & Gabriel Unger, 2020.
"The Rise of Market Power and the Macroeconomic Implications [“Econometric Tools for Analyzing Market Outcomes”],"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(2), pages 561-644.
- Eeckhout, Jan & De loecker, Jan, 2017. "The Rise of Market Power and the Macroeconomic Implications," CEPR Discussion Papers 12221, C.E.P.R. Discussion Papers.
- Jan De Loecker & Jan Eeckhout, 2017. "The Rise of Market Power and the Macroeconomic Implications," NBER Working Papers 23687, National Bureau of Economic Research, Inc.
- Jan Eeckhout, 2019. "The Rise of Market Power and the Macroeconomic Implications," RBA Annual Conference Papers acp2019-07, Reserve Bank of Australia, revised Jul 2019.
- Florence Jaumotte & Carolina Osorio Buitron, 2015. "Inequality and Labor Market Institutions," IMF Staff Discussion Notes 15/14, International Monetary Fund.
- Chang, Juin-jen & Shaw, Ming-fu & Lai, Ching-chong, 2007.
"A "Managerial" trade union and economic growth,"
European Economic Review, Elsevier, vol. 51(2), pages 365-384, February.
- Juin-jen Chang & Ming-fu Shaw & Ching-chong Lai, 2005. "A “Managerial” Trade Union and Economic Growth," IEAS Working Paper : academic research 05-A010, Institute of Economics, Academia Sinica, Taipei, Taiwan.
- Pemberton, James, 1988. "A 'Managerial' Model of the Trade Union," Economic Journal, Royal Economic Society, vol. 98(392), pages 755-771, September.
- Dierk Herzer, 2016. "Unions and Income Inequality," Economic Development Quarterly, , vol. 30(3), pages 267-274, August.
- Lewis Evans & Neil Quigley & Jie Zhang, 2003.
"Optimal price regulation in a growth model with monopolistic suppliers of intermediate goods,"
Canadian Journal of Economics, Canadian Economics Association, vol. 36(2), pages 463-474, May.
- Lewis Evans & Neil Quigley & Jie Zhang, 2003. "Optimal price regulation in a growth model with monopolistic suppliers of intermediate goods," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 36(2), pages 463-474, May.
- Palokangas, Tapio, 1996. "Endogenous growth and collective bargaining," Journal of Economic Dynamics and Control, Elsevier, vol. 20(5), pages 925-944, May.
- Romer, Paul M, 1990.
"Endogenous Technological Change,"
Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
- Paul Romer, 1989. "Endogenous Technological Change," NBER Working Papers 3210, National Bureau of Economic Research, Inc.
- Paul M Romer, 1999. "Endogenous Technological Change," Levine's Working Paper Archive 2135, David K. Levine.
- Ms. Florence Jaumotte & Ms. Carolina Osorio-Buitron, 2015. "Inequality and Labor Market Institutions," IMF Staff Discussion Notes 2015/014, International Monetary Fund.
- Lei Ji & Juin-Jen Chang & Chien-Yu Huang, 2016. "Unionization, market structure, and economic growth," Southern Economic Journal, Southern Economic Association, vol. 82(3), pages 935-951, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Chu, Angus C. & Kou, Zonglai & Wang, Xilin, 2020.
"Dynamic effects of minimum wage on growth and innovation in a Schumpeterian economy,"
Economics Letters, Elsevier, vol. 188(C).
- Chu, Angus C. & Kou, Zonglai & Wang, Xilin, 2019. "Dynamic Effects of Minimum Wage on Growth and Innovation in a Schumpeterian Economy," MPRA Paper 94822, University Library of Munich, Germany.
- Kim, Daehwan & Nilsen, Jeffrey, 2023. "A Gordon growth formula for wealth-income ratios and its implications on cross-country differences," Finance Research Letters, Elsevier, vol. 58(PD).
- Chu, Angus C. & Cozzi, Guido & Furukawa, Yuichi & Liao, Chih-Hsing, 2019.
"Effects of Minimum Wage on Automation and Innovation in a Schumpeterian Economy,"
MPRA Paper
95824, University Library of Munich, Germany.
- Angus C. Chu & Guido Cozzi & Yuichi Furukawa & Chih-Hsing Liao, 2019. "Effects of Minimum Wage on Automation and Innovation in a Schumpeterian Economy," Working Papers 201912, University of Liverpool, Department of Economics.
- Xiao Dai & Jian Wu & Liang Yan, 2018. "A Spatial Evolutionary Study of Technological Innovation Talents’ Sticky Wages and Technological Innovation Efficiency Based on the Perspective of Sustainable Development," Sustainability, MDPI, vol. 10(11), pages 1-19, November.
- Angus C. Chu & Haichao Fan & Yuichi Furukawa & Zonglai Kou & Xueyue Liu, 2021. "Minimum Wages, Import Status, And Firms' Innovation: Theory And Evidence From China," Economic Inquiry, Western Economic Association International, vol. 59(1), pages 441-458, January.
- Chu, Angus C. & Furukawa, Yuichi & Kou, Zonglai & Liu, Xueyue, 2019. "Effects of Minimum Wage on Import and Innovation: Theory and Evidence from China," MPRA Paper 97008, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Chu, Angus C. & Cozzi, Guido & Furukawa, Yuichi, 2016.
"Unions, innovation and cross-country wage inequality,"
Journal of Economic Dynamics and Control, Elsevier, vol. 64(C), pages 104-118.
- Chu, Angus C. & Cozzi, Guido & Furukawa, Yuichi, 2014. "Labor Unions, Directed Technical Change and Cross-Country Income Inequality," MPRA Paper 58886, University Library of Munich, Germany.
- Chu, Angus C. & Cozzi, Guido & Furukawa, Yuichi, 2015. "Unions, Innovation and Cross-Country Wage Inequality," MPRA Paper 68447, University Library of Munich, Germany.
- Angus C. Chu & Yuichi Furukawa & Sushanta Mallick & Pietro Peretto & Xilin Wang, 2021.
"Dynamic effects of patent policy on innovation and inequality in a Schumpeterian economy,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(4), pages 1429-1465, June.
- Chu, Angus C. & Furukawa, Yuichi & Mallick, Sushanta & Peretto, Pietro & Wang, Xilin, 2019. "Dynamic Effects of Patent Policy on Innovation and Inequality in a Schumpeterian Economy," MPRA Paper 96240, University Library of Munich, Germany.
- Angus C. Chu & Yuichi Furukawa & Sushanta Mallick & Pietro Peretto & Xilin Wang, 2019. "Dynamic Effects of Patent Policy on Innovation and Inequality in a Schumpeterian Economy," Working Papers 201911, University of Liverpool, Department of Economics.
- Cheng, Chu-chuan & Chen, Ping-ho & Chu, Hsun & Wang, Yi-chiuan, 2024. "What growth policies protect the environment? A two-engine growth model," Journal of Macroeconomics, Elsevier, vol. 81(C).
- Volker Grossmann & Thomas Steger, 2007.
"Growth, Development, and Technological Change,"
CESifo Working Paper Series
1913, CESifo.
- Grossmann, Volker & Steger, Thomas M., 2007. "Growth, Development, and Technological Change," IZA Discussion Papers 2558, Institute of Labor Economics (IZA).
- Óscar Afonso, 2022. "Growth and wage effects of the monetary policy," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(4), pages 4058-4084, October.
- Angus Chu, 2010.
"Effects of patent length on R&D: a quantitative DGE analysis,"
Journal of Economics, Springer, vol. 99(2), pages 117-140, March.
- Chu, Angus C., 2007. "Economic Growth and Patent Policy: Quantifying the Effects of Patent Length on R&D and Consumption," MPRA Paper 5476, University Library of Munich, Germany.
- Chu, Angus C., 2009. "Effects of Patent Length on R&D: A Quantitative DGE Analysis," MPRA Paper 16918, University Library of Munich, Germany.
- Angus C. Chu, 2009. "Effects of Patent Length on R&D: A Quantitative DGE Analysis," IEAS Working Paper : academic research 09-A001, Institute of Economics, Academia Sinica, Taipei, Taiwan, revised Dec 2009.
- Pengfei Zhang, 2023. "Endogenous capital-augmenting R&D, intersectoral labor reallocation, and the movement of the labor share," Journal of Economics, Springer, vol. 140(1), pages 1-36, September.
- Angus C. Chu, 2024.
"Macroeconomic effects of intellectual property rights: an updated survey,"
Chapters, in: Walter G. Park (ed.), Handbook of Innovation and Intellectual Property Rights, chapter 2, pages 13-26,
Edward Elgar Publishing.
- Chu, Angus, 2021. "Macroeconomic Effects of Intellectual Property Rights: An Updated Survey," MPRA Paper 110839, University Library of Munich, Germany.
- Daiki Maeda & Yuki Saito, 2020. "Effects of Monetary Policy in a Model with Cash-in-Advance Constraints on R&D and Capital Accumulation," ISER Discussion Paper 1076rr, Institute of Social and Economic Research, Osaka University, revised Jan 2025.
- Davis, Colin & Hashimoto, Ken-ichi & Tabata, Ken, 2025.
"Unionization, industry concentration, and economic growth,"
Macroeconomic Dynamics, Cambridge University Press, vol. 29, pages 1-1, January.
- Colin Davis & Ken-ichi Hashimoto & Ken Tabata, 2021. "Unionization, Industry Concentration, and Economic Growth," ISER Discussion Paper 1154, Institute of Social and Economic Research, Osaka University.
- Meszaros, John, 2018. "Inequality and unionization within the United States," The Quarterly Review of Economics and Finance, Elsevier, vol. 67(C), pages 326-333.
- Angus C. Chu & Ching‐Chong Lai & Chih‐Hsing Liao, 2019.
"A Tale of Two Growth Engines: Interactive Effects of Monetary Policy and Intellectual Property Rights,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(7), pages 2029-2052, October.
- Chu, Angus C. & Lai, Ching-Chong & Liao, Chih-Hsing, 2010. "A tale of two growth engines: The interactive effects of monetary policy and intellectual property rights," MPRA Paper 30105, University Library of Munich, Germany, revised Apr 2011.
- Angus C. Chu & Ching-Chong Lai & Chih-Hsing Liao, 2010. "A Tale of Two Growth Engines: The Interactive Effects of Monetary Policy and Intellectual Property Rights," IEAS Working Paper : academic research 10-A006, Institute of Economics, Academia Sinica, Taipei, Taiwan.
- Angus Chu, 2009.
"Effects of blocking patents on R&D: a quantitative DGE analysis,"
Journal of Economic Growth, Springer, vol. 14(1), pages 55-78, March.
- Chu, Angus C., 2007. "Optimal Patent Breadth: Quantifying the Effects of Increasing Patent Breadth," MPRA Paper 3910, University Library of Munich, Germany.
- Afonso, Óscar, 2016. "Effects of labour-market institutions on employment, wages, R&D intensity and growth in 27 OECD countries: From theory to practice," Economic Modelling, Elsevier, vol. 53(C), pages 48-62.
- Chu, Angus C. & Liao, Chih-Hsing, 2025.
"Optimal patent policy and wealth inequality in a Schumpeterian economy,"
Journal of Macroeconomics, Elsevier, vol. 83(C).
- Chu, Angus & Liao, Chih-Hsing, 2023. "Optimal Patent Policy and Wealth Inequality in a Schumpeterian Economy," MPRA Paper 117209, University Library of Munich, Germany.
- Oscar Afonso & Manuela Magalhães, 2021. "The role of intellectual property rights in a directed technical change model," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 2142-2176, April.
- Ohki, Kazuyoshi, 2023.
"Disruptive innovation by heterogeneous incumbents and economic growth: When do incumbents switch to new technology?,"
Journal of Mathematical Economics, Elsevier, vol. 107(C).
- Ohki, Kazuyoshi, 2019. "Disruptive Innovation by Heterogeneous Incumbents and Economic Growth: When do incumbents switch to new technology?," MPRA Paper 96771, University Library of Munich, Germany.
- Gancia, Gino & Zilibotti, Fabrizio, 2005.
"Horizontal Innovation in the Theory of Growth and Development,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 3, pages 111-170,
Elsevier.
- Gino Gancia & Fabrizio Zilibotti, 2005. "Horizontal innovation in the theory of growth and development," Economics Working Papers 831, Department of Economics and Business, Universitat Pompeu Fabra.
- Gino Gancia & Fabrizio Zilibotti, 2015. "Horizontal Innovation in the Theory of Growth and Development," Working Papers 200, Barcelona School of Economics.
- Ruiyang Hu & Yibai Yang & Zhijie Zheng, 2023.
"Effects of subsidies on growth and welfare in a quality‐ladder model with elastic labor,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(5), pages 1096-1137, October.
- Hu, Ruiyang & Yang, Yibai & Zheng, Zhijie, 2019. "Effects of subsidies on growth and welfare in a quality-ladder model with elastic labor," MPRA Paper 96801, University Library of Munich, Germany.
- Grieben, Wolf-Heimo & Şener, Fuat, 2017. "Wage bargaining, trade and growth," Research in Economics, Elsevier, vol. 71(3), pages 564-587.
More about this item
Keywords
wealth-income ratio; labor union; economic growth;All these keywords.
JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining
- O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
- O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:84710. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.