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A key feature of developing economies is that wages in agriculture are significantly below those of other sectors. Using Brazilian household surveys and administrative panel data, I use information on workers who switch sectors to decompose this gap. I find that most of the gap is explained by...
Persistent link: https://www.econbiz.de/10012934216
be obtained using a simple two-sector growth model that comprises both variants of skill-biased technological change … substitutability, and a factor intensity effect can induce a decrease in the skill premium despite moderate growth in the relative …
Persistent link: https://www.econbiz.de/10012026530
Persistent link: https://www.econbiz.de/10010348542
We analyze the effects of automation on the wages of high-skilled and low-skilled workers and thereby on the evolution of wage inequality. Our model explains the simultaneous presence of i) increasing per capita income, ii) declining real wages of low-skilled workers, and iii) an increasing...
Persistent link: https://www.econbiz.de/10011705248
We analyze the effects of automation on the wages of high-skilled and low- skilled workers and thereby on the evolution of wage inequality. Our model explains the simultaneous presence of i) increasing per capita GDP, ii) de-clining real wages of low-skilled workers, and iii) an increasing...
Persistent link: https://www.econbiz.de/10011729188
closed economy from an endogenous growth model that endogenizes invention, innovation and diffusion of knowledge that is … various growth experiences of the U.S. over the last 40 years. Innovation is modeled as diffusing skill-biased knowledge … sacrificing economic growth because the lower cost of human capital accumulation allows for a faster accumulation rate and more …
Persistent link: https://www.econbiz.de/10014068586
find that higher union bargaining power leads to a negative relationship between growth and unemployment. An increase in … between the growth and unemployment rates results. …
Persistent link: https://www.econbiz.de/10010305028
We introduce a gender wage gap into basic one-good textbook versions of the neo-Kaleckian distribution and growth model … and productivity growth. For the closed economy model, reducing the gender wage gap has no effect on the profit share, and … growth we find an unambiguously expansionary effect of narrowing the gender wage gap on long-run equilibrium capital …
Persistent link: https://www.econbiz.de/10012213998
The present paper sheds new light on the growth implications of gender inequalities in the Moroccan labour market. We … to relate growth to the relative employment of women and, also, suggest simulations for Morocco. Both approaches lead to … one of the rare attempts to elicit the growth potential of a reduction in the employment gap in a low-income country. …
Persistent link: https://www.econbiz.de/10012509934
This paper presents a general-equilibrium model of endogenous skilled-biased technological change and matching unemployment in a disaggregated economy. We simultaneously endogenise both the direction and pace of technological change as well as the unemployment rates. We show that an increase in...
Persistent link: https://www.econbiz.de/10010457727