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productivity (TFP) on the equilibrium relative wage of low-skilled workers in eleven high-income countries. The key finding is that … TFP growth mandated an increase in the unskilled wage, relative to the remuneration of human capital, during the 1970s …, but a decrease during the 1980s. This is consistent with the observation that, in most sample countries, the relative wage …
Persistent link: https://www.econbiz.de/10011490893
This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … as important dimensions of heterogeneity. After having identified cohort effects in skill wage premia and in the … simulate the magnitude of wage changes within the respective skill groups that would have been necessary to halve skill …
Persistent link: https://www.econbiz.de/10003338004
find that wage trends for creative workers in the digital age outperform general trends in the population: based on various …
Persistent link: https://www.econbiz.de/10011961140
wage growth. This paper analyzes the sources of the changing shape of the lower-tail of the U.S. wage and employment …
Persistent link: https://www.econbiz.de/10003884083
in middle wage jobs relative to both high and low wage jobs. Our theory explains recent and historical instances of job …
Persistent link: https://www.econbiz.de/10010478513
The rapid rise of China on the global economic stage could have substantial and unequal employment and wage effects in … advanced industrialised democracies given China's large volume of low-wage labour. Thus far, these effects have not been …
Persistent link: https://www.econbiz.de/10013043384
China's rapid rise on the global economic stage has substantial and unequal employment and wage effects in advanced … industrialised democracies given China's large volume of low-wage labour. Thus far, these effects have not been analysed in the …
Persistent link: https://www.econbiz.de/10012999660
that automation is indeed a key factor in polarizing the structure of skill demand and increasing wage inequality. This … automation on the distribution of skill demand and wage inequality is correlated with the velocity of technical change. …
Persistent link: https://www.econbiz.de/10012625746
R&D have a higher demand for AI skills. We also document a wage premium of 11% for job postings that require AI skills … within the same firm and 5% within the same job title. Managerial occupations have the highest wage premium for AI skills …
Persistent link: https://www.econbiz.de/10013228938
and prime-aged women in employment and the wage bills of particular sectors, but reduced the shares of older women and …
Persistent link: https://www.econbiz.de/10013470097