Showing 1 - 5 of 5
We compare the trade and labour approaches to wage inequality. We first look at the theoretical differences, stressing the different roles ascribed to sector and factor bias, labour supply and the theory of technical change in trade models with endogenous prices. We then briefly review some of...
Persistent link: https://www.econbiz.de/10005792416
What demand-side and institutional factors raised the skilled wage premium over the 1980s in UK manufacturing? Using a panel of 80 industries for 1980–89 we find that: (i) the average skill premium rose by around 13 percentage points; (ii) computer introduction explains around 50% of this rise;...
Persistent link: https://www.econbiz.de/10005114345
We estimate the impact of skilled and unskilled labour shortages on productivity and wages in the United Kingdom. Skill shortages are higher on average and more variable over the business cycle in the United Kingdom than in comparable economies. Unskilled shortages are comparatively rare, so...
Persistent link: https://www.econbiz.de/10005114465
We use a new sample of UK female identical twins to estimate private economic returns to education. We report findings in three areas. First, we use identical twins, to control for family effects and genetic ability bias, and the education reported by the other twin to control for schooling...
Persistent link: https://www.econbiz.de/10005662039
We use two UK panel data sets to investigate skill-upgrading in the United Kingdom and how it has been affected by computerization. Census data reveals that most aggregate skill-upgrading is explained by within-firm rises in skill composition. Such upgrading is significantly related to...
Persistent link: https://www.econbiz.de/10005666547