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This paper presents a comparative analysis of the link between unionization and wage inequality in the U.S., the U.K., and Canada. Our main motivation is to see whether unionization can account for differences and trends in wage inequality in industrialized countries. We focus on the U.S., the...
Persistent link: https://www.econbiz.de/10005714385
We examine the evolution of the returns to human capital in Canada over the period 1980-2005. Our main finding is that returns to education increased substantially for Canadian men, contrary to conclusions reached previously. Most of this rise took place in the early 1980s and since 1995....
Persistent link: https://www.econbiz.de/10008552430
Considerable concern has recently been expressed worldwide about growing income inequality. Much of the discussion, though, has been in general terms and focused on the US experience. To understand whether and how Canada ought to respond to this development, we need to be clear on the facts....
Persistent link: https://www.econbiz.de/10010833363
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Canadian Second World War veterans benefited from an extensive educational program similar to the U.S. G.I. Bill. Because of differences in military enlistment rates, however, a much lower fraction of Quebec men were eligible for these benefits than men from other provinces. Building on this...
Persistent link: https://www.econbiz.de/10005770421
Although the college-high school wage gap for younger U. S. men has doubled over the past 30 years, the gap for older men has remained nearly constant. In the United Kingdom and Canada the college-high school wage gap also increased for younger relative to older men. Using a model with imperfect...
Persistent link: https://www.econbiz.de/10005737704
Standard economic models suggest that adverse demand shocks will lead to bigger employment losses if institutional factors prevent real wages from declining. Some analysts have argued that this insight explains the dichotomy between the United States, where real wages of less-skilled workers...
Persistent link: https://www.econbiz.de/10005111417
Standard economic models suggest that adverse demand shocks will lead to bigger employment losses if institutional factors like minimum wages or trade unions prevent real wages from declining. Some analysts have argued that this insight explains the dichotomy between the United States, where...
Persistent link: https://www.econbiz.de/10005123512