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This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10011294713
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10011401020
market level, i.e. rising income inequality overall as well as within and between education groups. -- Income inequality …
Persistent link: https://www.econbiz.de/10003754931
Using data from CHIPS 1995-2013, we find polarization of employment from middle-income Skilled jobs to work in the Unskilled and Self-Employment job categories. This redistribution of employment is consistent with the automation of routine noncognitive tasks in the skilled sector as analyzed in...
Persistent link: https://www.econbiz.de/10011871361
We investigate how workers adjust to firms' investments into new digital technologies, including artificial intelligence, augmented reality, or 3D printing. For this, we collected novel data that links survey information on firms' technology adoption to administrative social security data. We...
Persistent link: https://www.econbiz.de/10012603258
We study the age- and gender-specific labour market effects of two key modern technologies, Information and Communication Technologies (ICT) and robots, in 14 European countries between 2010 and 2018. To identify the causal effects of technology adoption, we utilise the variation in technology...
Persistent link: https://www.econbiz.de/10013470097
survey, this paper examines internal migration in Ethiopia, focusing on the linkages among internal migration, education and … wages. The results suggest that migrants are better educated and obtain higher wages than non-migrants, controlling for … other factors (including education), and also obtain higher returns to their education. In other words, the more educated …
Persistent link: https://www.econbiz.de/10010498500
the determinants of the least squares bias of the wage return to education. We find that disregarding individual fixed …
Persistent link: https://www.econbiz.de/10010487490
paradata. Fraction answered captures a third of the effect of cognitive ability on wages and education. We provide a simple …
Persistent link: https://www.econbiz.de/10010488164
Community Survey to examine the effect of formal schooling on worker wages. Given the potential endogeneity of education …Formal education is widely thought to be a major determinant of individual earnings. This paper uses the American … censuses. The instrumental variables results suggest that schooling has a significant positive effect on worker wages …
Persistent link: https://www.econbiz.de/10010434601