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This paper examines whether the sector bias of skill-biased technical change (sbtc) explains changing skill premia within countries in recent decades. First, using a two-factor, two-sector, two-country model we demonstrate that in many cases it is the sector bias of sbtc that determines sbtc's...
Persistent link: https://www.econbiz.de/10013311868
' earnings impact property crime with an elasticity of -1, but that wages have no impact on violent crime. The paper also … instrumenting real wages of young workers. Using state-year-industry specific technology shocks as instruments yields elasticities …
Persistent link: https://www.econbiz.de/10013118247
We develop an empirical framework to assess the importance of trade and technical change on the wages of production and … outsourcing and expenditures on high-technology equipment can explain a substantial amount of the increase in the wages of …
Persistent link: https://www.econbiz.de/10013219298
Previous research has found evidence that wages in industries characterized as high tech,' or subject to higher rates … positive relationships between technological change and wages, and between technological change and the education premium. We …
Persistent link: https://www.econbiz.de/10013236786
trade on U.S. wages. The standard model of general equilibrium presented shows that each effect tends to be opposite in sign … same, not oppo- site effect on wages at both skill levels; a rise in the foreign share in world innovation or US patents … decreases US wages; an increase in the US share in world innovation or US patents raises US wages, especially for the less …
Persistent link: https://www.econbiz.de/10013237013
Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than …
Persistent link: https://www.econbiz.de/10012907139
This paper analyzes the degree of short-run, real wage flexibility in a two-sector economy under floating rates. This is done by deriving optimal wage indexation in a contracting framework. We find that the more closed the economy, the lower the degree of wage indexation. As a result, output...
Persistent link: https://www.econbiz.de/10013219727
country characteristics that lead to high wages at the time of entry also lead to faster wage growth …
Persistent link: https://www.econbiz.de/10013233734
A simple supply and demand framework is used to analyze changes in the U.S. wage structure from 1963 to 1987. Rapid secular growth in the demand for more-educated workers, 'more-skilled' workers, and females appears to be the driving force behind observed changes in the wage structure. Measured...
Persistent link: https://www.econbiz.de/10013237022
productivity of women is less than that of men, but not by enough to fully explain the gap in wages, a result that is consistent … deferred wages. We find a productivity premium for marriage equal to that of the wage premium, and a productivity premium for …
Persistent link: https://www.econbiz.de/10013239185