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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/10014173352
It is commonly assumed that jobs in the United States 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/10014148071
During the 1980s, wage inequality increased dramatically, and the economy lost many high-wage jobs that had provided middle-class incomes to less skilled workers, increasingly restricting these workers to low-wage jobs lacking union or other institutional protections. A number of scholars have...
Persistent link: https://www.econbiz.de/10014073130
This work explores the findings of the STEP (Skills toward Employment and Productivity) Skills Measurement Program that suggests that many workers are overqualified for their current jobs (based on the education those jobs require). The study also explores additional factors such as gender,...
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A leading explanation for the growth of wage inequality is that greater use of information technology increased the demand for human capital. This paper identifies four different explanations for the relationships between computers, skills, and wages: computer-specific human capital, greater...
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