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Persistent link: https://www.econbiz.de/10010244859
We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between consumer preferences, which favor variety over...
Persistent link: https://www.econbiz.de/10010291446
automation. We find that in labor markets that were initially specialized in routine-intensive occupations, employment and wages …
Persistent link: https://www.econbiz.de/10003884083
automation. We find that in labor markets that were initially specialized in routine-intensive occupations, employment and wages …
Persistent link: https://www.econbiz.de/10013039418
We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between consumer preferences, which favor variety over...
Persistent link: https://www.econbiz.de/10013096151
automation. We find that in labor markets that were initially specialized in routine-intensive occupations, employment and wages …
Persistent link: https://www.econbiz.de/10010271316
The term skill mismatch is very broad and can relate to many forms of labour market friction, including vertical mismatch, skill gaps, skill shortages, field of study (horizontal) mismatch and skill obsolescence. In this paper we provide a clear overview of each concept and discuss the...
Persistent link: https://www.econbiz.de/10011664385
We find that oil supply shocks decrease average real wages, particularly skilled wages, and increase wage dispersion across regions, particularly unskilled wage dispersion. In a model with spatial energy intensity differences and nontradables, labor demand shifts, while explaining the response...
Persistent link: https://www.econbiz.de/10011624317
This paper presents a general equilibrium assignment model of workers to tasks with endogenous supply of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur; workers self-select the type of skills to supply and firms...
Persistent link: https://www.econbiz.de/10009727655
general equilibrium model, this paper shows that skilled insiders in the USA enjoy higher rents and increase the skilled wage … outsiders in the USA do not possess a powerful credible threat to improve their position. This is a consequence from higher … training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
Persistent link: https://www.econbiz.de/10011444759