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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
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns … increase in inequality is most likely due to an acceleration in skill bias. In contrast to twentieth century developments, most …
Persistent link: https://www.econbiz.de/10012470950
This paper describes the adoption of automation technologies by US firms across all economic sectors by leveraging a new module introduced in the 2019 Annual Business Survey, conducted by the US Census Bureau in partnership with the National Center for Science and Engineering Statistics (NCSES)....
Persistent link: https://www.econbiz.de/10013462707