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natural experiment in scale-related technological change. The resulting inequality changes are consistent with superstar … theory: the launch of a local TV station skews the entertainer wage distribution sharply to the right, with the biggest … impact at the very top of the distribution, while negatively impacting workers below the star level. The findings provide …
Persistent link: https://www.econbiz.de/10012803709
wages, and declining labor informality, a confluence of factors that reduced earnings inequality. In the aftermath of the …Latin American countries have some of the highest levels of income inequality in the world. However, earnings … inequality significantly changed over the last three decades, increasing during the 1980s and 1990s, declining sharply in the …
Persistent link: https://www.econbiz.de/10013286576
of training is required for the job offered. Both the long term equilibrium wage offered and population distribution are …
Persistent link: https://www.econbiz.de/10011114041
Overeducation is a form of labour underutilisation which occurs when the formal education level of a worker exceeds …
Persistent link: https://www.econbiz.de/10005458677
find that those who earn near-minimum wages are disproportionately female, unmarried and young, without post …-income households. Using various plausible parameters for the effect of minimum wages on hourly wages and employment, I estimate the … impact of a minimum wage rise on inequality. …
Persistent link: https://www.econbiz.de/10005032858
This study examines how the changing composition of adult educational attainment in cities affects the distribution of … wages and rents in those cities. We extend the Rosen-Roback spatial equilibrium model to show that as the share of college … are increasing. On the other hand, those without college education do not experience the same wage benefit, and some even …
Persistent link: https://www.econbiz.de/10012933339
the role of ability, technological progress increases wage inequality within each group of education as well as between … education groups. Inasmuch as education is an irreversible investment, the rise in within group inequality boosts up the rise of … between group inequality. Guided by this theory we turn to the PSID for evidence. Using parents' education to approximate …
Persistent link: https://www.econbiz.de/10005661881
-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade …
Persistent link: https://www.econbiz.de/10012745407
We study variation in returns to five groups of majors — pedagogic, engineering, law or economics, humanities and medicine — in terms of wage and employment stability based on The Russian Longitudinal Monitoring Survey. We find a significant variation in returns to majors with the highest...
Persistent link: https://www.econbiz.de/10009275458
This Paper examines the interactions between household matching, inequality, and per capita income. We develop a model … the equilibrium sorting of spouses by skill type (their correlation in education) is increasing as a function of the skill … initial conditions. The degree of marital sorting, wage inequality, per capita income and fertility differentials are …
Persistent link: https://www.econbiz.de/10005123829