大住 康之
『経済学論究』(関西学院大) 54(4) 27-52 2001年2月
In this paper, we analyse the influence of capital-skill complementarity structure for market outcomes by shocks including skill-biased technical change and explore the implications of the role of labor institutions on their influenced market outcomes. Capital-skill complementarity may amplify the market outcomes to fluctuate the unskilled employment and to create wage inequality. However, the efficient bargaining in the skilled labor market has the possibilities to mitigate their results such as wage inequality and to magnify them such as the unskilled employment fluctuation, with some substitutability between capital and unskilled labor.