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Goldin and Katz's <i>The Race between Education and Technology</i> is a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the 20th century. This essay reviews the...
Persistent link: https://www.econbiz.de/10009652861
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns …
Persistent link: https://www.econbiz.de/10005830793
increasing the productivity of less-skilled workers, thus implying less skill-biased technical change in Europe than in the U.S. …
Persistent link: https://www.econbiz.de/10005588986
We document and discuss the implications of a sharp increase in the regional dispersion of skill premia in China in recent years. This has previously been little noted or discussed. We use three urban household surveys for 1995, 2002, and 2007 and estimate skill premia at provincial and city...
Persistent link: https://www.econbiz.de/10008756462
and drilling moratorium, I estimate the net effects of these events on Gulf Coast employment and wages. Despite … coastal parishes, and oil-intensive parishes in particular, experienced a net increase in employment and wages. In contrast …
Persistent link: https://www.econbiz.de/10010951158
affiliate wages to parent profits per worker is approximately 0.03, which can explain over 20 percent of the observed variation … in affiliate wages. These results reveal a previously ignored aspect of labor-market rent sharing. They also reveal an …
Persistent link: https://www.econbiz.de/10005248930
We study the relation between product quality and worker quality using an economic model that, under certain conditions, provides a direct link between product price, product quality and work force quality. Our measures of product quality are the evolution in the detailed product price relative...
Persistent link: https://www.econbiz.de/10005084858
This article introduces an empirical strategy to the compensating differentials literature that i) allows both individual observed and unobserved characteristics to be rewarded differently in firms based on health insurance provision, and ii) selection to jobs that provide benefits to operate on...
Persistent link: https://www.econbiz.de/10005085259
linkages in open economies. Labor-market imperfections arise by virtue of country-specific real minimum wages. Two principal … experiments are considered. First, we show that trade liberalization under minimum wages differs significantly from trade … marginal and average firm productivity are reversed in our model, yet there are significant gains from trade arising from …
Persistent link: https://www.econbiz.de/10005087447
The high incidence of temporary agency employment among participants in government employment programs has catalyzed debate about whether these jobs help the poor transition into stable employment and out of poverty. We provide direct evidence on this question through analysis of a Michigan...
Persistent link: https://www.econbiz.de/10005014920