机构:
Univ Sunshine Coast, Fac Business, Maroochydore, Qld, Australia
Univ S Australia, Adelaide, SA 5001, AustraliaUniv Sunshine Coast, Fac Business, Maroochydore, Qld, Australia
Anwar, Sajid
[1
,2
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机构:
[1] Univ Sunshine Coast, Fac Business, Maroochydore, Qld, Australia
[2] Univ S Australia, Adelaide, SA 5001, Australia
By making use of a simple model that does not explicitly include capital, this paper examines the impact of downsizing on skilled-unskilled wage inequality and welfare. The paper shows that downsizing increases wage inequality and its effect on welfare is positive but the relative well-being of the unskilled workers declines. (C) 2009 Elsevier B.V. All rights reserved.