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The U.S. labor market has become increasingly polarized since the 1980s, with the share of employment in middle-wage occupations shrinking over time. This job polarization process has been associated with the disappearance of per capita employment in occupations focused on routine tasks. We use...
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A vast literature aimed at understanding the nature and causes of wage inequality focuses on the skill premium as a key object of interest. In an environment where both the skill premium and the share of skilled workers are changing, however, the between-skill-group component of inequality may...
Persistent link: https://www.econbiz.de/10013212778
We study the distributional consequences of the Covid-19 pandemic's impacts on employment, both during the onset of the pandemic and over recent months. Using cross-sectional and matched longitudinal data from the Current Population Survey, we show that the pandemic has exacerbated pre-existing...
Persistent link: https://www.econbiz.de/10012663168
A vast literature aimed at understanding the nature and causes of wage inequality focuses on the skill premium as a key object of interest. In an environment where both the skill premium and the share of skilled workers are changing, however, the between-skill-group component of inequality may...
Persistent link: https://www.econbiz.de/10012612602
Persistent link: https://www.econbiz.de/10012519483
We argue that skill-biased technological change not only affects wage gaps between skill groups, but also increases wage inequality within skill groups, across workers in different workplaces. Building on a heterogeneous firm framework with labor market frictions, we show that an industry-wide...
Persistent link: https://www.econbiz.de/10014250078
Persistent link: https://www.econbiz.de/10013256674
The U.S. labor market has become increasingly polarized since the 1980s, with the share of employment in middle-wage occupations shrinking over time. This job polarization process has been associated with the disappearance of per capita employment in occupations focused on routine tasks. We use...
Persistent link: https://www.econbiz.de/10012458359