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Goldin and Katz's <i>The Race between Education and Technology</i> is a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the 20th century. This essay reviews the...
Persistent link: https://www.econbiz.de/10009652861
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns to schooling indicates that technical change has been skill-biased during the past sixty years. Furthermore, the recent increase in inequality is most likely due to an...
Persistent link: https://www.econbiz.de/10005830793
The economics profession has made considerable progress in understanding the increase in wage inequality in the U.S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased much less, in (continental) Europe over the same time...
Persistent link: https://www.econbiz.de/10005588986
We document and discuss the implications of a sharp increase in the regional dispersion of skill premia in China in recent years. This has previously been little noted or discussed. We use three urban household surveys for 1995, 2002, and 2007 and estimate skill premia at provincial and city...
Persistent link: https://www.econbiz.de/10008756462
We present hedonic general-equilibrium estimates of quality-of-life and productivity differences across Canada's metropolitan areas. These are based off of the estimated willingness-to-pay of heterogeneous households and firms to locate in various cities, which differ in their wage levels,...
Persistent link: https://www.econbiz.de/10011271435
Wage evidence suggests that immigrant workers are imperfectly substitutable for native-born workers with similar education and experience. Using U.S. Censuses and recent American Community Survey data, I ask to what extent differences in language skills drive this. I find they are important. I...
Persistent link: https://www.econbiz.de/10009368128
In this paper we explore the effects of labor demand shifts and population adjustments across metropolitan areas on the employment and earnings of various demographic groups during the 1980s. Results show that, although earnings and employment deteriorated for less-education and black males in...
Persistent link: https://www.econbiz.de/10005714667
The need for school-to-work programs or other means of increasing early job market stability is predicated on the view that the chaotic' nature of youth labor markets in the U.S. is costly because workers drift from one job to another without developing skills, behavior, or other characteristics...
Persistent link: https://www.econbiz.de/10005720095
between industrializing and industrialized countries. Due to restrictive laws in the receiving countries and high migration … costs, the increase in international migration has involved mainly highly educated workers. During the same period … phenomena of migration and trade in a world where countries use different skill-specific technologies and workers have different …
Persistent link: https://www.econbiz.de/10005828773
previous Latin American immigrants falls when controlling for out-migration. This highlights the importance of controlling for … out-migration not only of natives but also of previous immigrants in regional studies of immigration. …
Persistent link: https://www.econbiz.de/10005830132