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Earnings inequality declined rapidly in Argentina, Brazil and Chile during the 2000s. A reduction in the experience premium is a fundamental driver of declines in upper-tail (90/50) inequality, while a decline in the education premium is the primary determinant of the evolution of lower-tail...
Persistent link: https://www.econbiz.de/10011641653
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
bill increases in response to leave take up, but this is driven entirely by wages paid to workers on leave for which firms …
Persistent link: https://www.econbiz.de/10012153290
We use census-like data and a regression discontinuity design to study the labor market impacts of a signal provided by a government-sponsored award given to top-performing students on a nationwide college exit exam in Colombia. Students who can signal their high level of specific skills earn...
Persistent link: https://www.econbiz.de/10014342056
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
Outside the US, little is known of long-run trends in executive compensation. We fill this gap by studying BHP, a resources giant that has long been one of the largest companies on the Australian stock market. From 1887 to 2013, trends in CEO and director remuneration (relative to average...
Persistent link: https://www.econbiz.de/10009766261
rationalize this by assuming that diosyncratic non-pecuniary conditions interact with money wages in workers' decisions to work …
Persistent link: https://www.econbiz.de/10008810540
We document changes in income and earnings inequality in the five Central American countries from the early 1990s to 2009. In the 1990s Costa Rica had the most equal distribution of income in Central America, and one of the most equal distributions of income in Latin America. At the other...
Persistent link: https://www.econbiz.de/10009717882
Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find …
Persistent link: https://www.econbiz.de/10010360090
Integrating Roy with Becker, this paper studies occupational choice and matching in the labor market. Our model generates occupation earnings distributions which are right skewed, have firm fixed effects, and large changes in aggregate earnings inequality without significant changes in within...
Persistent link: https://www.econbiz.de/10011613424