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After a decade in which wages and employment fell precipitously in low-skill occupations and expanded in high-skill occupations, the shape of U.S. earnings and job growth sharply polarized in the 1990s. Employment shares and relative earnings rose in both low and high-skill jobs, leading to a...
Persistent link: https://www.econbiz.de/10005039640
We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between consumer preferences, which favor variety over...
Persistent link: https://www.econbiz.de/10011079230
evolution of earnings inequality is what we refer to as the canonical model, which elegantly and powerfully operationalizes the …
Persistent link: https://www.econbiz.de/10012462573
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/10012460838
evolution of earnings inequality is what we refer to as the canonical model, which elegantly and powerfully operationalizes the …
Persistent link: https://www.econbiz.de/10014025116
An emerging literature argues that changes in the allocation of workplace "tasks" between capital and labor, and between domestic and foreign workers, has altered the structure of labor demand in industrialized countries and fostered employment polarization – that is, rising employment in the...
Persistent link: https://www.econbiz.de/10010648184