Showing 1 - 9 of 9
In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality … among workers in the labour market. A key focus is on the rise of US wage inequality over the past 30 years. However, we … also pay attention to how Europe did not experience changes in wage inequality but instead saw a sharp increase in …
Persistent link: https://www.econbiz.de/10005504683
inequality and environmental protection. We present a class of models (which captures a static model as well as an overlapping …
Persistent link: https://www.econbiz.de/10005662063
We examine how technological change affects wage inequality and unemployment in a calibrated model of matching …, and (ii) the total amount of wage inequality generated by frictions is very small. We explain these findings in light of …
Persistent link: https://www.econbiz.de/10005666592
in time. In politico-economic equilibrium, more inequality (in terms of the skewedness of the distribution) yields a …
Persistent link: https://www.econbiz.de/10005791379
This paper builds a theory of the shape of the distribution of total-factor productivity (TFP) across countries. The data on productivity suggests vast differences across countries, and arguably even has \twin peaks". The theory proposed here is consistent with vast differences in long-run...
Persistent link: https://www.econbiz.de/10008642880
The MRC National Survey of Health and Development provides data on the hourly pay of males and females at age 26 in 1972 and in 1977. These have been subjected to regression analysis to see how far the gap between men's and women's pay is statistically explicable by (a) a "human capital" model...
Persistent link: https://www.econbiz.de/10005504211
The opportunity costs of rearing British children, in terms of cash earnings forgone by their mother, are estimated for a typical family. Data from the 1980 Women and Employment Survey provide estimates for hourly pay as a function of work experience and current hours of work. In addition, these...
Persistent link: https://www.econbiz.de/10005792397
the effects of two different constitutions (commitment or no commitment in tax policy), as well as income inequality …
Persistent link: https://www.econbiz.de/10005792126
Models to explain the chances of economic activity, employment and full-time work in a national cross-section of British women in 1980 in terms of a number of demographic and economic variables are estimated by OLS. Marital status differentials are minor once the presence of dependent children...
Persistent link: https://www.econbiz.de/10005661763