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Despite seven years of economic growth a large gap exists in the wages earned by workers at the top of the earnings scale and those at the bottom. The leading explanation for this growth in wage inequality continues to be the skills-mismatch theory. This theory in part posits that gains in...
Persistent link: https://www.econbiz.de/10008680725
Many economists and other social scientists and policy makers believe that the growth in inequality in the last two decades reflects mostly an imbalance between the demand for and the supply of employee skills driven by technological change, particularly the spread of computers. However, the...
Persistent link: https://www.econbiz.de/10008684585
It is commonly assumed that jobs in the United Sates require ever greater levels of skill and, more strongly, that this trend is accelerating as a result of the diffusion of information technology. This has led to substantial concern over the possibility of a growing mismatch between the skills...
Persistent link: https://www.econbiz.de/10008684614
During the 1980s, wage inequality increased dramatically and the American economy lost many high wage, low- to medium-skill jobs, which had provided middle class incomes to less skilled workers. Increasingly, less skilled workers seemed restricted to low wage jobs lacking union or other...
Persistent link: https://www.econbiz.de/10008684653
To stimulate economic advancement, low- and middle-income countries need well-educated and trained workforces to fill the types of skilled jobs that drive economic growth. Improving educational quality and attainment and providing better training are all rightly put forth as policy...
Persistent link: https://www.econbiz.de/10012245278
Despite seven years of economic growth a large gap exists in the wages earned by workers at the top of the earnings scale and those at the bottom. The leading explanation for this growth in wage inequality continues to be the skills-mismatch theory. This theory in part posits that gains in...
Persistent link: https://www.econbiz.de/10003353717
Persistent link: https://www.econbiz.de/10003474314
This report examines skill trends in 24 OECD countries over the past several decades. The skill measures used include broad occupation groups, country-specific direct measures of skill requirements from international surveys, and direct skill measures from the Occupational Information Network...
Persistent link: https://www.econbiz.de/10009683147
Persistent link: https://www.econbiz.de/10003363075
This paper describes the Occupational Information Network (O*NET), a relatively recent database containing measures of occupational characteristics produced by the United States Department of Labor as a replacement for the Dictionary of Occupational Titles. O*NET scores cover cognitive,...
Persistent link: https://www.econbiz.de/10011635725