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The digital transformation imposes both opportunities and risks for creativity and for creative employment, with implications for trends in income levels and the distribution of income. First, we consider skill-biased technological change as a determinant of income and labor market outcomes in...
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This paper investigates the importance of heterogeneity in the labor earning shock processes. We analyze the earning shock process for both male and female workers in several countries. We argue that unlike time series analysis, in a life cycle model the forecasting horizon is finite and in...
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Using data from 29 countries from the Luxemburg Income Study, we demonstrate that married men earn on average 7% more than unmarried men. Unmarried men would have to work 43 hours per week in order to earn the same as married men working 40 hours. We find substantial cross-national variation: in...
Persistent link: https://www.econbiz.de/10011345754
Fathers in many countries enjoy a wage premium as compared with childless men, but parenthood does not benefit all men equally. Income inequality among men has increased markedly since the 1970s, suggesting that differences among fathers have grown over time. Five waves of LIS data and...
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The job polarization hypothesis suggests a U-shaped pattern of employment growth along the earnings/skill distribution, which is driven by simultaneous growth in the employment of high-skill/high-earnings and low-skill/low-earnings occupations due to Routine-Biased Technological Change (RBTC)...
Persistent link: https://www.econbiz.de/10012229067