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Economists disagree about the factors driving the substantial increase in residual wage inequality in the U.S. over the past few decades. We identify and estimate a general model of log wage residuals that incorporates: (i) changing returns to unobserved skills, (ii) a changing distribution of...
Persistent link: https://www.econbiz.de/10011777789
education. While men with low skills out-earn their higher-skilled counterparts when they are very young, their earnings are …
Persistent link: https://www.econbiz.de/10014228646
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …
Persistent link: https://www.econbiz.de/10011325999
Policymakers in many OECD countries are increasingly concerned about high and rising inequality. Much of the evidence (as far back as Adam Smith's The Wealth of Nations) points to the importance of skills in tackling wage inequality. Yet a recent strand of the research argues that (cognitive)...
Persistent link: https://www.econbiz.de/10011434107
This paper estimates the effects of offshoring on labour market inequalities between skill groups based on German industry level data from 1995 to 2007. Our main findings are the following: First, offshoring is on average biased in favour of high-skilled employees and in disfavour of low-skilled...
Persistent link: https://www.econbiz.de/10010190184
returns to education and the relocation of workers towards less-routine occupations have contributed to the inequality … of workers from low-skill occupations towards jobs demanding non-routine higher skills (professionals and technicians …
Persistent link: https://www.econbiz.de/10012483436
We analyze the impacts of labor market integration and migration on skill formation, wage structures, and per capita GDP of host and source countries. To do so, we propose a model in which heterogeneous agents invest in the acquisition of skills, and in which final good production exhibits...
Persistent link: https://www.econbiz.de/10014057279
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …
Persistent link: https://www.econbiz.de/10010262344
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …
Persistent link: https://www.econbiz.de/10013321313
quality of the education-occupation match: based on the predicted and observed distribution of workers using their fields of … regarding human capital investment are no longer exclusively about the quantity of education, but rather the type of education … this premise in mind, this paper aims to estimate the effect of the quality of this education-occupation job match on …
Persistent link: https://www.econbiz.de/10011974795