Showing 1 - 10 of 1,663
normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …
Persistent link: https://www.econbiz.de/10013224084
of predicting a positive correlation between firms' export intensity, the price of their exports, and the wages they pay … productivity differentials: in equilibrium, firms that employ workers with comparatively scarcer skills, other things equal, export … a larger proportion of their output, pay higher wages and charge higher prices …
Persistent link: https://www.econbiz.de/10012861386
acquisition, with important implications for the assessment of immigrants’ career paths and the estimation of their earnings … profiles. Our study also explains the willingness of immigrants to accept jobs at wages that seem unacceptable to natives …
Persistent link: https://www.econbiz.de/10013229696
With the ensuing immigration reform in the US, the paper shows that targeted skilled immigration into the R&D sector that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could have spillover benefits for the unskilled sector while...
Persistent link: https://www.econbiz.de/10012861379
Using rich linked employer-employee data for (West) Germany between 1996 and 2014, we analyze the most important … the sources of the recent slowdown in German wage inequality and compare the results for West Germany to the ones for East … Germany. We disentangle the relative contribution of each single variable to the rise in wage dispersion using recentered …
Persistent link: https://www.econbiz.de/10012892230
Artificial Intelligence (AI) has the potential to significantly impact the income of individuals. Cross-country data shows that introduction of AI is inequality enhancing in developing and less developed countries. In this paper, we attempt to understand the reason for increase in wage...
Persistent link: https://www.econbiz.de/10014079648
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10013217553
This paper studies the relationship between changes in occupational employment, occupational wages, and rising overall … occupations, entrants and leavers earn lower wages than stayers. This empirical fact suggests substantial skill selection effects … counteracting skill changes along the lines of our new empirical fact explain why occupational wages are unrelated to employment …
Persistent link: https://www.econbiz.de/10012861388
export activity and job stability across employment skills. Relying on detailed firm-level data from France for the period … 1996-2007, we show that firms with higher export intensity exhibit a lower volatility of skilled labor demand relative to … provide evidence on the causal effect of the export performance of the firm on the volatility of employment of different …
Persistent link: https://www.econbiz.de/10012892069
The skill premium has increased significantly in the United States in the last five decades. During the same period, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill premium. Intuitively, a rise in uninsured wage risk...
Persistent link: https://www.econbiz.de/10012824576