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Technology, jobs and inequality: Evidence from India's manufacturing sector
Kapoor, Radhicka - 2016
capital augmenting technological progress on the distribution of income and wage inequality. This paper attempts to fill this … explains rising inequality. Our results also underline the existence of capital-skill complementarity: firms with higher …
Persistent link: https://www.econbiz.de/10011807719
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Bad jobs and low inflation
Faccini, Renato; Melosi, Leonardo - 2020
We study a model in which firms compete to retain and attract workers searching on the job. A drop in the rate of on-the-job search makes such wage competition less likely, reducing expected labor costs and lowering inflation. This model explains why inflation has remained subdued over the last...
Persistent link: https://www.econbiz.de/10012429415
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Comparative advantage and risk premia in labor markets
Cubas, German; Silos, Pedro - 2012
Using the Survey of Income and Program Participation (SIPP), we document a significant and positive association between earnings risk (both permanent and transitory) and the level of earnings across 21 industries. We propose an equilibrium framework to analyze the interplay between earnings...
Persistent link: https://www.econbiz.de/10010292276
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Finance and the Reallocation of Scientific, Engineering and Mathematical Talent
Marin, Giovanni; Vona, Francesco - 2022
The US financial sector has become a magnet for the brightest graduates in the science, technology, engineering and mathematical fields (STEM). We provide quantitative bases for this anecdotal fact for the US, over the period 1980-2019 and with a specific focus on the last decade where...
Persistent link: https://www.econbiz.de/10013353587
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The Palestinian labor market over the last three decades
Hallaq, Sameh - 2020
This paper consists of three economic literature review essays that survey the Palestinian labor market during the last three decades. The first essay examines the economic return to schooling since 1981 until the recent period, taking into consideration the major shocks that the Palestinian...
Persistent link: https://www.econbiz.de/10012610204
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High discounts and low fundamental surplus: An equivalence result for unemployment fluctuations
Mitra, Indrajit; Seo, Taeuk; Xu, Yu - 2021
Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they call the "fundamental surplus." However, their analysis ignores risk premia, a force that Hall (2017) shows is important in understanding unemployment fluctuations. We show how...
Persistent link: https://www.econbiz.de/10012818999
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The Covid-19 pandemic spurred growth in automation: What does this mean for minority workers?
Broady, Kristen; Booth Bell, Darlene; Barr, Anthony; … - 2023
interact with preexisting structural issues around racial inequality. This analysis updates that of a 2021 Brookings paper by …
Persistent link: https://www.econbiz.de/10014480645
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Math matters: Education choices and wage inequality
Rendall, Andrew; Rendall, Michelle - 2014
cannot mimic the US within-group wage inequality. This paper provides an explanation for the observed intra-college group … inequality by showing that the top decile earners' significant wage growth is underpinned by the link between ex ante ability …-group and general wage inequality is explained by math-biased technical change (MBTC). …
Persistent link: https://www.econbiz.de/10011282519
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The Employment Potential of Labor Intensive Industries in India's Organized Manufacturing
Das, Deb Kusum; Wadhwa, Deepika; Kalita, Gunajit - 2009
This paper attempts to identify and examine labor intensive industries in the organized manufacturing sector in India in order to understand their employment generation potential. Using the data from the Annual Survey of Industries (Government of India, various issues), the labor intensity for...
Persistent link: https://www.econbiz.de/10011807642
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Do Labor Intensive Industries Generate Employment? Evidence from firm level survey in India
Das, Deb Kusum; Kalita, Gunajit - 2009
This study attempts to address the issue of declining labour intensity in India's organized manufacturing in order to understand the constraints on employment generation in the labour intensive sectors. Using primary survey data covering 252 labour intensive manufacturing-exporting firms across...
Persistent link: https://www.econbiz.de/10011807643