Showing 1 - 10 of 2,471
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns …
Persistent link: https://www.econbiz.de/10012470950
This paper is concerned with the growth of individual earnings over time. Four aspects of time are distinguished: experience, age, vintage and calendar year. The first section of the paper provides a brief outline of a theory of planned growth in earnings. The second and main section of the...
Persistent link: https://www.econbiz.de/10012478991
We examine the relation between technological progress and the riskiness of labor income. Motivated by a simple model of creative destruction, we draw a distinction between technological innovation advanced by the firm, or its competitors. Using administrative data from the United States, we...
Persistent link: https://www.econbiz.de/10012481921
immigration shock, existing research has found little evidence that it put downward pressure on Israeli wages. In this paper we …
Persistent link: https://www.econbiz.de/10012470774
This paper proposes a new and unified explanation for the following trends observed over the last 25 years: (1) the increased returns to education, (2) the slow measured growth in TFP in an economy undergoing massive changes in its methods of production, and (3) the poor wage performance,...
Persistent link: https://www.econbiz.de/10012471959
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/10012472244
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/10012472762
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/10012472883
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/10012472884
This paper examines the relationship between price growth and skill intensity across 150 manufacturing industries between 1989 and 1995. There are two main findings. First, wage growth and intermediate goods price increases are passed through to final product prices roughly in proportion to...
Persistent link: https://www.econbiz.de/10012472900