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The economics profession has made considerable progress in understanding the increase in wage inequality in the U ….S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased … much less, in (continental) Europe over the same time period. I review the two most popular explanations for these …
Persistent link: https://www.econbiz.de/10012469883
The economics profession has made considerable progress in understanding the increase in wage inequality in the U ….S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased … much less, in (continental) Europe over the same time period. I review the two most popular explanations for these …
Persistent link: https://www.econbiz.de/10014119494
The economics profession has made considerable progress in understanding the increase in wage inequality in the U ….S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased … much less, in (continental) Europe over the same time period. I review the two most popular explanations for these …
Persistent link: https://www.econbiz.de/10013246486
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role in US wage inequality. We also propose a methodology for evaluating the full general equilibrium effects of task … groups). Our quantitative evaluation based on this methodology explains how major changes in wage inequality can go hand …
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We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of intermediate complexity are assigned to capital. Interior...
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