Showing 1 - 10 of 15
The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a positive cross-country correlation between the unskilled-to-skilled gender wage gap and the corresponding gap in hours worked. Based on a canonical supply and demand framework,...
Persistent link: https://www.econbiz.de/10009283390
curve in many Western economies during this period, with the fall in inequality following redistribution due to …
Persistent link: https://www.econbiz.de/10005791338
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … entrepreneurs (thus greater inequality) increases entrepreneurial e¤ort and hence a country’s contribution to the world technology … “cutthroat”capitalism that generates greater inequality and more innovation and will become the technology leaders, while others …
Persistent link: https://www.econbiz.de/10011083861
redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate …
Persistent link: https://www.econbiz.de/10005661707
This paper offers a model of the interaction between composition of jobs and labour market regulation. Ex-post rent-sharing due to search frictions implies that ‘good’ jobs which have higher creation costs must pay higher wages. This wage differential distorts the composition of jobs, and in...
Persistent link: https://www.econbiz.de/10005662323
This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the United …
Persistent link: https://www.econbiz.de/10005789067
This paper investigates long-term returns from unemployment compensation, exploiting variation from the UK JSA reform of 1996, which implied a major increase in job search requirements for eligibility and in the related administrative hurdle. Search theory predicts that such changes should raise...
Persistent link: https://www.econbiz.de/10005792393
Gender wage and employment gaps are negatively correlated across countries. We argue that non-random selection of women into work explains an important part of such correlation and thus of the observed variation in wage gaps. The idea is that, if women who are employed tend to have relatively...
Persistent link: https://www.econbiz.de/10005123624
In market economies identical workers appear to receive very different wages, violating the ‘law of one price’ of Walrasian markets. It is argued in this paper that in the absence of a Walrasian auctioneer to coordinate trade: (i) wage dispersion among identical workers is very often an...
Persistent link: https://www.econbiz.de/10005124074
partly a result of a rise in occupational segregation and partly the general rise in wage inequality. Policies to reduce the …
Persistent link: https://www.econbiz.de/10005124177