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-biased technological progress and use cross-country panel data on inequality and GDP to test these ideas. A one-year increase in the level …
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methodology to the United States forthe period 1973-1991 shows that the rise in wage inequality duringthe eighties can be largely …
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The paper applies Ricardo's principle of comparative advantage to analyze the substitutability between types of labor. The problem of having to classify labor in a small number of types in e.g. standard CES models are avoided by applying a continuum of worker and job types, where better skilled...
Persistent link: https://www.econbiz.de/10011301145
In this paper we derive a structural measure for labor market density based on the Ellison and Glasear (1997) "Index for industry concentration". This labor market density measure serves as a proxy for the number of workers that can reach a certain work area within a reasonal amount of traveling...
Persistent link: https://www.econbiz.de/10011303301
I apply Ricardo’s principle of comparative advantage to a theory of factor substitutability in a model with a continuum …
Persistent link: https://www.econbiz.de/10011327541
the job, job duration should be distributed uniformly. Using extreme value theory, we can infer the shape of the wage …
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