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At the heart of the Skill Biased Technical Change literature is a discussion of the temporal impact of technological change on wages. The narrative describes technological change as allowing for the increased codification of routine tasks which enables capital to become more easily substituted...
Persistent link: https://www.econbiz.de/10011262871
Wage inequality often creates much broader socio-economic inequality and may even accentuate them. For attaining equitable development convergence in wages and earnings is therefore desirable. This paper explores trends and patterns in wage differentials in India in the post reform period. Using...
Persistent link: https://www.econbiz.de/10005835894
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10005187360
A factual and descriptive analysis of the employment situation in Bulgaria showed that the transition to a market economy has led to a substantial reduction of employment. The economic restructuring has begun in 1990 has proved very difficult, and the privatization of the large industrial...
Persistent link: https://www.econbiz.de/10011109465
Among better-educated employed men, the fraction of full-time full-year (FTFY) workers is quite high and stable -- around 90 percent -- over time in the U.S. Among those with lower education levels, however, this fraction is much lower and considerably more volatile, moving within the range of...
Persistent link: https://www.econbiz.de/10011109939
This paper examines the effect of shifts in the relative supply and demand of skills on the skill premiums and wage inequality in the British labour market 1972-2002. We test the Katz and Murphy (1992) hypothesis that the changes of skill premiums can be explained by their relative supply...
Persistent link: https://www.econbiz.de/10011110002
In this paper, we consider a theoritical model helping to provide a new insights into the functioning of moroccan labor market. The model examines the impact of imperfect competition among firms with access to specific technologies on the emergence of the new modern economy.The The emergence of...
Persistent link: https://www.econbiz.de/10011114041
State interventions into Labour policies in India are directed towards ensuring both job security and income security. In this paper we look at likely impact of such policies. The laws are found to serve the organised workers primarily while large masses of unorganised workers are without any...
Persistent link: https://www.econbiz.de/10005260210
Expansion of earning opportunities and increment in earning levels are dual objectives of policymakers in developing countries. The structural adjustment programme in India tried to ensure both through higher growth targets, and manufacturing sector has seen the most sweeping changes. It is now...
Persistent link: https://www.econbiz.de/10005260234
This study provides empirical evidence on the impact of a minimum wage increase on employment, wages, and expenditures of workers in the formal sector who have wages below the minimum level in Vietnam. Using the difference-in-differences with propensity score matching and Vietnam Household...
Persistent link: https://www.econbiz.de/10009493289