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Persistent link: https://www.econbiz.de/10010429217
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010941074
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010948905
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010420749
decompose wages into firm and worker components. We find that the rise of market access and competitiveness of the East has a … explain changes in the firm wage premium. The rising dispersion in worker-specific wages can be attributed to increasing skill …-specific wages. Overall, trade explains up to 19% of the recent increase in wage inequality and slightly exceeds the technology …
Persistent link: https://www.econbiz.de/10011572540
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10013044598
development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …
Persistent link: https://www.econbiz.de/10011443321
The purpose of this paper is to investigate the mechanisms underlying the relationship between automation and labor market polarization. To do so, we build an agent-based model (ABM) in which workers, heterogeneous in nature and level of skills, interact endogenously on a decentralized labor...
Persistent link: https://www.econbiz.de/10012625746
development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …
Persistent link: https://www.econbiz.de/10013320944
patents, information and communication technology (ICT) capital usage, and robot intensity - on average wages and labour … technologies have a generally limited impact on wages and labour income shares. …
Persistent link: https://www.econbiz.de/10014461452