Showing 1 - 10 of 53,845
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10011294713
equal distribution of education contributes significantly to reducing income inequality. Educational expansion is a major … stability contribute to reducing income inequality, while public spending on education helps to reduce educational inequality … make both income and education distribution more unequal. Using the calibration of empirical results, we find that we can …
Persistent link: https://www.econbiz.de/10011797411
Persistent link: https://www.econbiz.de/10012138410
knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10011398011
patents, information and communication technology (ICT) capital usage, and robot intensity - on average wages and labour … technologies have a generally limited impact on wages and labour income shares. …
Persistent link: https://www.econbiz.de/10014461452
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10011401020
The job polarization hypothesis suggests a U-shaped pattern of employment growth along the earnings/skill distribution, which is driven by simultaneous growth in the employment of high-skill/high-earnings and low-skill/low-earnings occupations due to Routine-Biased Technological Change (RBTC)...
Persistent link: https://www.econbiz.de/10012229067
Persistent link: https://www.econbiz.de/10012287334
Persistent link: https://www.econbiz.de/10012214618
Persistent link: https://www.econbiz.de/10015045146