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The earnings of low-skill workers have suffered substantial declines since the mid 1970’s. The conventional explanation is that a technology-induced increase in skill requirements has resulted in a growing mismatch between the skills demanded by firms and those supplied by the workforce:...
Persistent link: https://www.econbiz.de/10008671832
The rapid growth in wage inequality and the rising incidence of low earnings in the 1980's can be traced in large part to the sharp decline in the real hourly wages of lowskill men. This paper examines alternative explanations for this wage collapse. A widely accepted story is that this collapse...
Persistent link: https://www.econbiz.de/10008679858
Howell argues that the collapse of low-skill wages in the United States cannot be explained by a skill mismatch resulting from a technology-driven decline in the for low-skill labor. He presents evidence refuting the prevailing belief that a substantial shift in demand away from low-skill work...
Persistent link: https://www.econbiz.de/10008680729
The decline in the employment status of young black men relative to their white peers in the post-1970 U.S. Labor market is the impetus for this research. This paper examines the effects of recent employment restructuring on young workers by race and sex. In the case of the least educated group...
Persistent link: https://www.econbiz.de/10008684521
The authors examine the effects of employment restructuring in the 1980s on white, black, and Hispanic men and women within a labor market segmentation framework. Cluster analysis is used to determine whether jobs can be grouped into a small number of relatively homogeneous clusters on the basis...
Persistent link: https://www.econbiz.de/10008684607