Contact-Intensity, Collapsing Entertainment Sector and Wage Inequality: A Finite Change Model of Covid-19 Impact

초록

In a general equilibrium model with online, entertainment and informal sectors employing skill, unskilled, and capital, we show that Covid-19 could cause polarization pushing contact-intensive entertainment industry on the brink of collapse while other two survive. Dual roles of factor-intensity and contact-intensity contribute to such finite changes, triggering inter-skill wage inequality.

키워드

wage-gap; Covid; contact-intensive; general equilibrium.
제목
Contact-Intensity, Collapsing Entertainment Sector and Wage Inequality: A Finite Change Model of Covid-19 Impact
저자
Marjit, Sugata; Gouranga G. Das
발행일
2021-09
유형
Proceeding
저널명
CESifo Working Papers
호
9311
페이지
1 ~ 9