Showing 1 - 10 of 77
Using administrative employee-firm-level data on the entire private sector from 1994 to 2007, we show that the labor market in France has polarized: employment shares of high and low wage occupations have grown, while middle wage occupations have shrunk. During the same period, the share of...
Persistent link: https://www.econbiz.de/10012995986
This paper examines the effect of technological change and other factors on the relative demand for workers with … different education levels and on the recent growth of U.S. educational wage differentials. A simple supply-demand framework is … U.S. labor market in each decade since 1940 and from 1990 to 1995. The results suggest that the relative demand for …
Persistent link: https://www.econbiz.de/10012778847
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns to schooling indicates that technical change has been skill-biased during the past sixty years. Furthermore, the recent increase in inequality is most likely due to an...
Persistent link: https://www.econbiz.de/10013126042
In this paper, we exploit plant-level data for U.S. manufacturing for the 1970s and 1980s to explore the connections between changes in technology and the structure of employment and wages. We focus on the nonproduction labor share (measured alternatively by employment and wages) as the variable...
Persistent link: https://www.econbiz.de/10013223326
Arguably the most important development in recent decades in US factor markets is the decline in the relative wage of the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been identified as a key reason for the rising US wage...
Persistent link: https://www.econbiz.de/10013226172
supply and demand for skills by assuming two distinct skill groups that perform two different and imperfectly substitutable … complementing either high or low skill workers, can generate skill biased demand shifts. In this paper, we argue that despite its …
Persistent link: https://www.econbiz.de/10013116038
our benchmark assumption that industry prices are independent of productivity. When we allow for the endogeneity of …
Persistent link: https://www.econbiz.de/10013219298
raises the demand facing highly competitive skill-intensive firms. In our model, only the lowest-cost firms participate in … the global economy exactly along the lines of Melitz (2003). In addition to differing in their productivity, firms differ … both greater trade volumes and an increase in the relative demand for skill, as the lowest-cost/most-skilled firms expand …
Persistent link: https://www.econbiz.de/10013118253
unskilled-labor-biased. Increasing basic knowledge causes a growth takeoff, an income-led demand for fewer educated children …
Persistent link: https://www.econbiz.de/10012758155
relative demand for more-educated workers for at least the past century, increases in the supply of skills, from rising …
Persistent link: https://www.econbiz.de/10012759725