Showing 1 - 10 of 429
This paper examines the effect of skill-biased technological change as measured by computerization on the recent widening of U.S. educational wage differentials. An analysis of aggregate changes in the relative supplies and wages of workers by education from 1940 to 1996 indicates strong and...
Persistent link: https://www.econbiz.de/10005737386
A large literature documents a substantial rise in U. S. wage inequality and educational wage differentials over the past several decades and finds that these trends can be primarily accounted for by shifts in the supply of and demand for skills reinforced by the erosion of labor market...
Persistent link: https://www.econbiz.de/10005664419
During the early 1980s, earnings inequality in the U. S. labor market rose relatively uniformly throughout the wage distribution. But this uniformity gave way to a significant divergence starting in 1987, with upper-tail (90/50) inequality rising steadily and lower tail (50/10) inequality either...
Persistent link: https://www.econbiz.de/10005633821
Persistent link: https://www.econbiz.de/10005820368
A recent "revisionist" literature characterizes the pronounced rise in U.S. wage inequality since 1980 as an "episodic" event of the first half of the 1980s driven by nonmarket factors (particularly a falling real minimum wage) and concludes that continued increases in wage inequality since the...
Persistent link: https://www.econbiz.de/10005697080
This chapter presents a framework for understanding changes in the wage structure and overall earnings inequality. The framework emphasizes the role of supply and demand factors and the interaction of market forces and labor market institutions. Recent changes in the US wage structure are...
Persistent link: https://www.econbiz.de/10005171781
Using a longitudinal survey of fast-food restaurants in Texas, the authors examine the impact of recent increases in the federal minimum wage on a low-wage labor market. Less than 5% of fast-food restaurants were using the new youth subminimum wage in July/August 1991, even though the vast...
Persistent link: https://www.econbiz.de/10011127385
Persistent link: https://www.econbiz.de/10005054098
The wage structure in the U.S. public sector responded sluggishly to substantial changes in private sector wages during the 1970s and 1980s. Despite a large expansion in the college/high school wage differential during the 1980s in the private sector, the public sector college wage premium...
Persistent link: https://www.econbiz.de/10005588900
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 used to interpret changes in the relative quantities,...
Persistent link: https://www.econbiz.de/10005778825