期刊名称:HIER Discussion Paper Series / Harvard Institute of Economic Research
出版年度:2005
卷号:2005
出版社:Harvard Institute of Economic Research
摘要:How does the formation of cross-country teams affect the organization of work
and the structure of wages? To study this question we propose a theory of the
assignment of heterogeneous agents into hierarchical teams, where less skilled
agents specialize in production and more skilled agents specialize in problem
solving. We first analyze the properties of the competitive equilibrium of the
model in a closed economy, and show that the model has a unique and efficient
solution. We then study the equilibrium of two-country model (North and South),
where countries differ in their distributions of ability, and in which agents in
different countries can join together in teams. We refer to this type of
integration as globalization. Globalization leads to better matches for all
southern workers but only for the best northern workers. As a result, we show
that globalization increases wage inequality in the South but not necessarily in
the North. We also study how globalization affects the size distribution of
firms and the patterns of consumption and trade in the global economy