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productivity. The “Solow Paradox” of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth … estimates suggest a much larger impact of ICT on productivity than would be expected from the standard neoclassical model that …
Persistent link: https://www.econbiz.de/10011071487
We test the hypothesis that information and communication technologies (ICT) “polarize” labor markets, by increasing … on the US, Japan, and nine European countries from 1980–2004, we find that industries with faster ICT growth shifted … demand from middle educated workers to highly educated workers, consistent with ICT-based polarization. Trade openness is …
Persistent link: https://www.econbiz.de/10011234814
Over the period since 1970, Britain has improved its relative productivity performance, but there remains a significant gap in market sector productivity between Britain and both Continental Europe and the United States. Much of the gap between Britain and Continental Europe is due to lower...
Persistent link: https://www.econbiz.de/10010745223
There has been a remarkable increase in wage inequality in the US, UK and many other countries over the past three decades. A significant part of this appears to be within observable groups (such as age-gender-skill cells). A generally untested implication of many theories rationalizing the...
Persistent link: https://www.econbiz.de/10010745897
We examine trends in wage inequality in the US and other countries over the past four decades. We show that there has been a secular increase in the 90-50 wage differential in the US and the UK since the late 1970s. By contrast the 50-10 differential rose mainly in the 1980s and flattened or...
Persistent link: https://www.econbiz.de/10010746032
Guy Michaels and colleagues show how new technologies are polarising the labour market, with the middle-skilled losing out most
Persistent link: https://www.econbiz.de/10010746518
good fraction of thisinequality growth is due to technology-related increases in the demand for skilled workersoutstripping … clerks, leaving the demand for the lowest skilled service tasks largely unaffected.Finally, I argue that technology is partly …
Persistent link: https://www.econbiz.de/10010746536
Murnane (2003) that this is partly due to information and communication technologies (ICT) complementing the analytical tasks …, and nine European countries 1980-2004 we find evidence consistent with ICT-based polarization. Industries with faster … growth of ICT had greater increases in relative demand for high educated workers and bigger falls in relative demand for …
Persistent link: https://www.econbiz.de/10011071292
inequality trend is due to technology-related increases in the demand for skilled workers outstripping the growth of their supply … the lowest skilled service tasks largely unaffected. Finally, I argue that technology is partly endogenous, for example it …
Persistent link: https://www.econbiz.de/10010573902
Murnane (2003) that this is partly due to information and communication technologies (ICT) complementing the analytical tasks …, and nine European countries 1980-2004 we find evidence consistent with ICT-based polarization. Industries with faster … growth of ICT had greater increases in relative demand for high educated workers and bigger falls in relative demand for …
Persistent link: https://www.econbiz.de/10008553070