Is inequality an unavoidable by-product of skill-biased technical change? No, not necessarily!

This paper compares the evolution of wage inequality along three different skill groups (low-, middle- and high-skilled) across five industrialized countries (Finland, Germany, Italy, Korea and the US). Despite similar exposure to technological change, the countries exhibit significant differences in inequality trajectories, suggesting that inequality is not necessarily an unavoidable by-product of technological change.

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Year of publication:	2014-09-03
Authors:	Hühne, Philipp
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	wage inequality \| technical change \| labor supply

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; O30 - Technological Change; Research and Development. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011111676