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-biased technical change' in this sense may generate rising wage inequality accompanied by an increase in both the effort and …
Persistent link: https://www.econbiz.de/10011527505
US earnings inequality has increased dramatically since the 1970s, and the prospect of a reversal depends on what …
Persistent link: https://www.econbiz.de/10008758088
Technology can affect the distribution of income directly via its influence on both the bargaining power of different parties and the marginal product of different factors of production. This paper focuses mainly on the first route. The role of power is transparent in the case of medieval choke...
Persistent link: https://www.econbiz.de/10010192445
Persistent link: https://www.econbiz.de/10010191565
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10003470547
understanding recent increases in inequality. The empirical analysis performed herein involves a panel of 38 manufacturing and …
Persistent link: https://www.econbiz.de/10011420638
The evidence on growing inequality in OECD countries has raised an important debate over its main drivers, pointing out …
Persistent link: https://www.econbiz.de/10011341894
natural experiment in scale-related technological change. The resulting inequality changes are consistent with superstar …
Persistent link: https://www.econbiz.de/10012803709
skill premium and increasing inequality. We develop a measure for reshoring activity at the macro-level and, using data from …
Persistent link: https://www.econbiz.de/10012309562
We examine the extent to which declining manufacturing employment may have contributed to increasing inequality in …: the high initial manufacturing wage premium and the high level of income inequality. The manufacturing wage premium … declined between the 1980s and the 2000s in the United States, but it does not explain the contemporaneous rise in inequality …
Persistent link: https://www.econbiz.de/10012052312