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Occupation, Growth, Skill Prices, and Wage Inequality
Böhm, Michael J. - 2019
This paper studies the relationship between changes in occupational employment, occupational wages, and rising overall wage inequality. Using long-running administrative panel data with detailed occupation codes, we first document that in all occupations, entrants and leavers earn lower wages...
Persistent link: https://www.econbiz.de/10012861388
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Wages, Skills, and Skill-Biased Technical Change : The Canonical Model Revisited
Bowlus, Audra; Robinson, M. Chris; Lochner, Lance; … - 2021
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10013217553
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Wage Risk and the Skill Premium
Slavík, Ctirad - 2020
The skill premium has increased significantly in the United States in the last five decades. During the same period, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill premium. Intuitively, a rise in uninsured wage risk...
Persistent link: https://www.econbiz.de/10012824576
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Optimal Linear Income Taxation and Education Subsidies Under Skill-Biased Technical Change
Jacobs, Bas; Thuemmel, Uwe - 2021
, since SBTC raises the direct distributional benefits of income taxes, which more than offset their larger indirect …
Persistent link: https://www.econbiz.de/10013251267
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The Interplay of Economic, Social and Political Fragmentation
Bosworth, Steven - 2019
This paper examines how skill-biased growth can generate economic fragmentation (income dis-parities) that give rise to …-nationalist policies (which destroy productivity, compress the income distribution and promote the benefits of social affiliation) …
Persistent link: https://www.econbiz.de/10012859600
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The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation
Adda, Jérôme; Dustmann, Christian; Goerlach, Joseph-Simon - 2021
This paper develops and estimates a dynamic model where individuals differ in ability and location preference to evaluate the mechanisms that affect the evolution of immigrants’ careers in conjunction with their re-migration plans. Our analysis highlights a novel form of selective return...
Persistent link: https://www.econbiz.de/10013229696
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Skills Scarcity and Export Intensity
Perroni, Carlo - 2019
We describe a model of trade with input based product differentiation and non-proportional trade costs that is capable of predicting a positive correlation between firms' export intensity, the price of their exports, and the wages they pay to their workers. These correlations arise in the model...
Persistent link: https://www.econbiz.de/10012861386
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Don't Stop Believin’ – Heterogeneous Updating of Intergenerational Mobility Perceptions Across Income Groups
Schwarz, Anna; Warum, Philipp - 2023
perceptions of intergenerational mobility change along the income distribution. Empirically, we conduct a survey experiment in … Austria and show that the average treatment effect of information on perceptions is mostly driven by higher income individuals … while low-income respondents hardly react. We replicate this result for the United States and Germany using data from two …
Persistent link: https://www.econbiz.de/10014345626
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Teacher Labor Market Equilibrium and Student Achievement
Bates, Michael; Dinerstein, Michael; Johnston, Andrew C.; … - 2022
We study whether reallocating existing teachers across schools within a district can increase student achievement, and what policies would help achieve these gains. Using a model of multidimensional value-added, we find meaningful achievement gains from reallocating teachers within a district....
Persistent link: https://www.econbiz.de/10013306849
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Skill Mismatch and the Costs of Job Displacement
Neffke, Frank; Nedelkoska, Ljubica; Wiederhold, Simon - 2022
When workers are displaced from their jobs in mass layoffs or firm closures, they experience lasting adverse labor market consequences. We study how these consequences vary with the amount of skill mismatch that workers experience when returning to the labor market. Using novel measures of skill...
Persistent link: https://www.econbiz.de/10013290765