Showing 1 - 10 of 13
Recessions lead to short-term job loss, lower levels of happiness and decreasing income levels. There is growing … disturbing long-run effect of recessions: young people who leave school in the midst of recessions are significantly more likely …
Persistent link: https://www.econbiz.de/10011126012
recessions. It follows that recessions exacerbate existing racial inequalities. …
Persistent link: https://www.econbiz.de/10011126233
We test the hypothesis that information and communication technologies (ICT) “polarize” labor markets, by increasing demand for the highly educated at the expense of the middle educated, with little effect on low-educated workers. Using data on the US, Japan, and nine European countries from...
Persistent link: https://www.econbiz.de/10011234814
Over the period since 1970, Britain has improved its relative productivity performance, but there remains a significant gap in market sector productivity between Britain and both Continental Europe and the United States. Much of the gap between Britain and Continental Europe is due to lower...
Persistent link: https://www.econbiz.de/10010745223
efficiently. The other margin (within industry) reflects capital deepening and technology catchup at the industry level. In …
Persistent link: https://www.econbiz.de/10010745276
There has been a remarkable increase in wage inequality in the US, UK and many other countries over the past three decades. A significant part of this appears to be within observable groups (such as age-gender-skill cells). A generally untested implication of many theories rationalizing the...
Persistent link: https://www.econbiz.de/10010745897
We examine trends in wage inequality in the US and other countries over the past four decades. We show that there has been a secular increase in the 90-50 wage differential in the US and the UK since the late 1970s. By contrast the 50-10 differential rose mainly in the 1980s and flattened or...
Persistent link: https://www.econbiz.de/10010746032
differences, unobserved region- industry factor quality differences and variation in production technology across industries. We … findings, including multiple cones of diversification, region-industry technology differences, agglomeration and increasing …
Persistent link: https://www.econbiz.de/10010746268
Guy Michaels and colleagues show how new technologies are polarising the labour market, with the middle-skilled losing out most
Persistent link: https://www.econbiz.de/10010746518
good fraction of thisinequality growth is due to technology-related increases in the demand for skilled workersoutstripping … clerks, leaving the demand for the lowest skilled service tasks largely unaffected.Finally, I argue that technology is partly …
Persistent link: https://www.econbiz.de/10010746536