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mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled … training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
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mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled … training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
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Routine-biased technological change (RBTC), whereby routine-task jobs are replaced by machines and overseas labor, shifts demand towards high- and low-skill jobs, resulting in job polarization of the U.S. labor market. We test whether recessions accelerate this process. In doing so we establish...
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vacant skilled job slots can choose between recruitment from the market and training. Compared to Germany and Japan, the US …
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