Abstract: Based on the background of the market-oriented configuration reform of factors, this paper cuts into the distortion of labor prices, introduces the negative distortion of labor prices of high-income families and the positive distortion of labor prices of low-income families into the DSGE model, and simulates and analyzes the impact of the distortion of labor price heterogeneity on macro economy. The results show that: (1) The reduction of labor price distortion in high-income families and low-income families will have a positive impact on the equilibrium value of some macroeconomic variables, and the impact on the former is greater(2) The impact caused by the reduction of negative distortion of labor price in high-income families will lead to upward fluctuation of macroeconomic variables, while the impact caused by the reduction of positive distortion of labor price in low-income families will lead to downward fluctuation of macroeconomic variables, and the former will have a greater impact(3) With the increase of the proportion of labor income in high-income families or the increase of capital output elasticity, the negative distortion of labor price in high-income families increases or decreases the impact on the equilibrium value of macroeconomic variables, while the positive distortion of labor price in low-income families decreases the impact on the equilibrium value of macroeconomic variables.


