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Good Jobs versus Bad Jobs
Abstract
This article develops a model of noncompetitive labor markets in which high‐wage (good) and low‐wage (bad) jobs coexist. Minimum wages and unemployment benefits shift the composition of employment toward high‐wage jobs. Because the composition of jobs in the laissez‐faire equilibrium is inefficiently biased toward low‐wage jobs, these labor market regulations increase average labor productivity and may improve welfare.
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Citations
Cited by
Search-Theoretic Models of the Labor Market: A Survey
Rogerson, R., Shimer, R., & Wright, R. (2005) · Journal of Economic Literature · doi:10.1257/002205105775362014 · Cited by 1,051
Firms and Labor Market Inequality: Evidence and Some Theory
Card, D., Cardoso, A. R., Heining, J., & Kline, P. (2018) · Journal of Labor Economics · doi:10.1086/694153 · Cited by 919
Effects of the minimum wage on employment dynamics
Meer, J., & West, J. (2016) · Journal of Human Resources · doi:10.3368/jhr.51.2.0414-6298r1 · Cited by 446
Reallocation Effects of the Minimum Wage
Dustmann, C., Lindner, A., Schönberg, U., Umkehrer, M., & vom Berge, P. (2021) · The Quarterly Journal of Economics · doi:10.1093/qje/qjab028 · Cited by 322
Upgrading or polarization? Occupational change in Britain, Germany, Spain and Switzerland, 1990-2008
Oesch, D., & Rodriguez Menes, J. (2011) · Socio-Economic Review · doi:10.1093/ser/mwq029 · Cited by 283
Metadata
- Authors
- Acemoglu, D.
- Venue
- Journal of Labor Economics
- Publisher
- University of Chicago Press
- Published
- 2001-01
- Volume
- 19
- Issue
- 1
- Pages
- 1-21
- ISSN
- 0734-306X (ISSN-L)
- 1537-5307
- OpenAlex
- W2054516487
- Cited by
- 533
- References
- 0
- FWCI
- 33.11
- Type
- journal article
- Language
- en
- Open access
- closed
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- Acemoglu, D. (2001). Good Jobs versus Bad Jobs. Journal of Labor Economics. https://doi.org/10.1086/209978
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
