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Contact-Intensity, Collapsing Entertainment Sector and Wage Inequality: A Finite Change Model of Covid-19 Impact
- Title
- Contact-Intensity, Collapsing Entertainment Sector and Wage Inequality: A Finite Change Model of Covid-19 Impact
- Author
- Gouranga G. Das
- Keywords
- wage-gap; Covid; contact-intensive; general equilibrium
- Issue Date
- 2021-09
- Publisher
- Ifo Institute for Economic Research
- Citation
- CESifo Working Paper No. 9311, Page. 1-9
- Abstract
- 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 factorintensity and contact-intensity contribute to such finite changes, triggering inter-skill wage inequality.
- URI
- https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3932019https://repository.hanyang.ac.kr/handle/20.500.11754/172573
- ISSN
- 2364-1428
- Appears in Collections:
- COLLEGE OF BUSINESS AND ECONOMICS[E](경상대학) > ECONOMICS(경제학부) > Articles
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