Cozzi, Guido; Impullitti, Giammario - CESifo - 2014
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work … demand for both high skilled and service sector workers rises, thus increasing polarization. Calibrating the model to match …s reproduces a non-negligible part of US wage polarization and substantial part of the increase in the wealth …