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Skill, Innovation and Wage Inequality : Can Immigrants Be the Trump Card?
Das, Gouranga - 2019
With the ensuing immigration reform in the US, the paper shows that targeted skilled immigration into the R&D sector that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could have spillover benefits for the unskilled sector while...
Persistent link: https://www.econbiz.de/10012861379
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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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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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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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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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Inequality and Immigration
Dustmann, Christian; Kastis, Yannis; Preston, Ian - 2023
This paper investigates the relationship between immigration and inequality in the UK over the past forty years. This is a period when the share of foreign-born in the UK population increased from 5.3% in 1975 to 13.4% in 2015. We evaluate the impact immigration had on wage inequality in the UK...
Persistent link: https://www.econbiz.de/10014347988
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Profit Shifting, Employee Pay, and Inequalities : Evidence from US-Listed Companies
Souillard, Baptiste - 2022
Corporate tax avoidance has regularly been accused of aggravating income inequalities. Yet, systematic evidence on this matter is still lacking. To fill this gap, the present paper explores the effect of profit shifting on employee pay among S&P 1500 companies. The study shows that its effect...
Persistent link: https://www.econbiz.de/10013290785
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How High Can You Climb? Earnings Inequality and Intragenerational Earnings Mobility in a Developing Country : Evidence from Thai Tax Returns
Muthitacharoen, Athiphat; Burong, Trongwut - 2023
This paper investigates inequality and intragenerational economic mobility in a developing country with large inequality. Understanding economic mobility is important because it shapes our perception of inequality. Despite its significance, evidence on intragenerational mobility, especially that...
Persistent link: https://www.econbiz.de/10014262489
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Different No More : Country Spreads in Advanced and Emerging Economies
Born, Benjamin - 2020
Interest-rate spreads fluctuate widely across time and countries. We characterize their behavior using some 3,200 quarterly observations for 21 advanced and 17 emerging economies since the early 1990s. Before the financial crisis, spreads are 10 times more volatile in emerging economies than in...
Persistent link: https://www.econbiz.de/10012841745
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Global Universal Basic Skills : Current Deficits and Implications for World Development
Gust, Sarah; Hanushek, Eric A.; Woessmann, Ludger - 2022
How far is the world away from ensuring that every child obtains the basic skills needed to be internationally … competitive? And what would accomplishing this mean for world development? Based on the micro data of international and regional … skills for 159 countries that cover 98.1% of world population and 99.4% of world GDP. We find that at least two-thirds of the …
Persistent link: https://www.econbiz.de/10014243090