Contact-intensity, collapsing entertainment sector and wage inequality: a finite change model of Covid-19 impact
CESifo - Munich
2021
7 p.
epidemic disease ; occupational risks ; wage differential ; entertainment industry ; informal economy
CESifo working paper
9311
Wages and wage payment systems
English
Bibliogr.
"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."
Digital
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