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. Besides the shape of the distribution it has to be checked whether labor market conditions such as minimum wages with the …
Persistent link: https://www.econbiz.de/10010221572
, agents are not informed about their co-workers' wages and efforts, but in the second treatment they are. Our results show …
Persistent link: https://www.econbiz.de/10012728738
What explains cross-national variation in wage inequality? Research in comparative political economy stresses the importance of the welfare state and wage coordination in reducing not only disposable income inequality but also gross earnings inequality. However, the cross-national variation in...
Persistent link: https://www.econbiz.de/10012992707
educational outcomes. Ethnic groups also show distinct patterns of wages and wage gaps, and there is evidence of a 'sticky floor …
Persistent link: https://www.econbiz.de/10011635687
advantage in the most complex tasks relative to capital, and because the wages of the least skilled workers are sufficiently low … relative to their productivity and the effective cost of capital in low-complexity tasks. Minimum wages and other sources of … higher wages at the bottom make interior automation less likely. Starting with interior automation, a reduction in the cost …
Persistent link: https://www.econbiz.de/10014496402
We develop a dynamic general-equilibrium framework in which growth is driven by skill-biased technology diffusion. The model incorporates leisure–labor decisions and human capital accumulation through education. We are able to reproduce the trends in income inequality and labor and skills...
Persistent link: https://www.econbiz.de/10012987398
for 12% to 21% of the increase in low and high-paid jobs and for 7% to 10% of the growth in the variance of log wages in …
Persistent link: https://www.econbiz.de/10013224559
Students' expectations about their future wages are established in the literature as relevant determinants of the …
Persistent link: https://www.econbiz.de/10012233727
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