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This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
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This paper examines the effect of technological change on job security, job satisfaction,,work relations s and the overall socioeconomic situation of medium and lower skilled workers in Thailand. It also investigates the influence of job security, job satisfaction and work relations on the...
Persistent link: https://www.econbiz.de/10012915995
Global technological change has significant impact on lower skilled female textile and garment workers in Thailand, as it brings new machines and manufacturing processes into the company. This study aims at identifying the factors of global technological change on female textile and garment...
Persistent link: https://www.econbiz.de/10012980875
One of the challenges of globalization for the least developed countries is that technology change erodes the advantages of labor intensive technology. This paper examines key impacts of this technological change on job security, job satisfaction, and work relations of textile and garment...
Persistent link: https://www.econbiz.de/10012981236
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010417976
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decompose wages into firm and worker components. We find that the rise of market access and competitiveness of the East has a … explain changes in the firm wage premium. The rising dispersion in worker-specific wages can be attributed to increasing skill …-specific wages. Overall, trade explains up to 19% of the recent increase in wage inequality and slightly exceeds the technology …
Persistent link: https://www.econbiz.de/10011572540
Globally, the share of income going to labor (the “labor income share”) is declining. However, this aggregate decline hides more than it reveals. While the labor income share has decreased for low-skilled workers, this has been concurrent with an increase for high-skilled workers....
Persistent link: https://www.econbiz.de/10012182662
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