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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
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...
Persistent link: https://www.econbiz.de/10011758398
Comparative sociologists have long considered occupations to be a key source of inequality. However, data constraints make comparative research on two of the more important contemporary drivers of occupational stratification - globalization and technological change - relatively scarce. This...
Persistent link: https://www.econbiz.de/10011870295
What are the principal sources of posttax-posttransfer inequality in affluent countries? To what extent do inequality of individual earnings, inequality of market household incomes, redistribution, and other factors influence the posttaxposttransfer income distribution? And what do the answers...
Persistent link: https://www.econbiz.de/10003746650
Prior studies on emerging economies contend increasing returns to human capital has contributed to the growth of wage inequality over the last few decades. However, this explanation fails to account for an important dynamic of contemporary wage inequality: the growth of top labor incomes....
Persistent link: https://www.econbiz.de/10014455389
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...
Persistent link: https://www.econbiz.de/10011961140
Current studies addressing the rise in inequality confine themselves to country-level developments. This paper delineates trends in earnings inequality and employment at the sectoral level for eight LIS countries between 1985-2005. Earnings inequality mainly manifests itself within rather than...
Persistent link: https://www.econbiz.de/10009769255
This paper examines the distributive impact of economic globalisation, technological progress and changes in labour market policies, regulations and institutions in OECD countries over the past quarter century, up to the Great Recession. It identifies the relevant pathways between macro-economic...
Persistent link: https://www.econbiz.de/10010127836
Using a rich dataset on over 110,000 workers from nine European countries and the USA we study the wage response to industry dependence on foreign value added. We estimate a Mincerian wage model augmented with an input-output interindustry linkages measure accounting for task heterogeneity...
Persistent link: https://www.econbiz.de/10011539914
Routine-biased technological change has emerged as a leading explanation for the differential wage growth of routine occupations, such as manufacturers or office clerks, relative to less routine occupations. Less clear, however, is how the effects of technological advancement on occupational...
Persistent link: https://www.econbiz.de/10012029187