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This paper investigates whether the increasing "residual wage inequality" trend is related to manufacturing decline and the influx of low-skilled immigrants. There is a vast literature arguing that technological change, international trade, and institutional factors have played a significant...
Persistent link: https://www.econbiz.de/10013016387
Income inequality in the context of large structural change has received a lot of attention in the literature, but most studies relied on household post-transfer inequality measures. This study utilizes a novel and fairly comprehensive collection of micro data sets from between 1980's and 2010...
Persistent link: https://www.econbiz.de/10012930948
productivity. The empirical evidence on the validity of this assumption is surprisingly thin and subject to various potential … productivity-wage gaps. They find that occupations play distinct roles for remuneration and productivity: while the estimations … indicate a significant upward-sloping occupational wage-profile, the hypothesis of a flat productivity-profile cannot be …
Persistent link: https://www.econbiz.de/10013120430
We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with … of physical (as opposed to revenue) TFP to instrument labor productivity in the wage equations. We find that the reaction … of wages to sectoral labor productivity is almost three times larger than the response to pure idiosyncratic (firm …
Persistent link: https://www.econbiz.de/10013124492
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10013099092
We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using … econometric issues, show that educational (age) diversity is beneficial (harmful) for firm productivity and wages. The … industries. Overall, findings do not point to sizeable productivity-wage gaps except for age diversity …
Persistent link: https://www.econbiz.de/10013082758
strong cross-firm association of FDI wage premia with similar differentials in productivity …
Persistent link: https://www.econbiz.de/10013088998
In many OECD countries, low productivity growth has coincided with rising inequality. Widening wage and productivity … productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …
Persistent link: https://www.econbiz.de/10012834584