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, increased that for higher-paid employees, and led to an increase in income inequality. Thus, the more important aspects of new …
Persistent link: https://www.econbiz.de/10010287798
-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
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/10010427502
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
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
We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of intermediate complexity are assigned to capital. Interior...
Persistent link: https://www.econbiz.de/10014496402