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Author | : Mr.Alun H. Thomas |
Publisher | : International Monetary Fund |
Total Pages | : 36 |
Release | : 1995-09-01 |
Genre | : Business & Economics |
ISBN | : 1451851103 |
Download Wage Dispersion in the 1980's Book in PDF, ePub and Kindle
This paper finds that changes in durable manufacturing employment and investment in computer equipment can explain rising wage dispersion in the United States, measured in terms of the education premium. Reduced employment opportunities in durables production drive down the average wage for workers with only a high school education, thereby increasing the wage premium for college education. An innovation in this paper is the inclusion of investment in equipment as a proxy for skill-biased technical change. The rise in the technical skill premium could alone explain all of the rise in the college premium since 1979 were there no offsetting effects. This is a Paper on Policy Analysis and Assessment and the author(s) would welcome any comments on the present text Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the author(s) and the date of issuance. The views expressed are those of the author(s) and do not necessarily represent those of the Fund.
Author | : Elaine Buckberg |
Publisher | : |
Total Pages | : 36 |
Release | : 2006 |
Genre | : |
ISBN | : |
Download Wage Dispersion in the 1980s Book in PDF, ePub and Kindle
This paper finds that changes in durable manufacturing employment and investment in computer equipment can explain rising wage dispersion in the United States, measured in terms of the education premium. Reduced employment opportunities in durables production drive down the average wage for workers with only a high school education, thereby increasing the wage premium for college education. An innovation in this paper is the inclusion of investment in equipment as a proxy for skill-biased technical change. The rise in the technical skill premium could alone explain all of the rise in the college premium since 1979 were there no offsetting effects.
Author | : Elaine Buckberg |
Publisher | : |
Total Pages | : 28 |
Release | : 1995 |
Genre | : |
ISBN | : |
Download Wage Dispersion in the 1980's Book in PDF, ePub and Kindle
Author | : Huang Kai Wai |
Publisher | : |
Total Pages | : |
Release | : 2017 |
Genre | : |
ISBN | : 9783330826687 |
Download DECOMPOSITION OF CHANGES IN HONG KONG WAGE DISPERSION SINCE 1980s Book in PDF, ePub and Kindle
Author | : David S. Lee |
Publisher | : |
Total Pages | : 56 |
Release | : 1999 |
Genre | : Income distribution |
ISBN | : |
Download Wage Inequality in the U.S. During the 1980s Book in PDF, ePub and Kindle
Author | : Kenneth Young Chay |
Publisher | : |
Total Pages | : 66 |
Release | : 1996 |
Genre | : Discrimination in employment |
ISBN | : |
Download Changes in Relative Wages in the 1980s Book in PDF, ePub and Kindle
Author | : David S. Lee |
Publisher | : |
Total Pages | : 47 |
Release | : 1999 |
Genre | : |
ISBN | : |
Download Wage Inequality in the United States During the 1980s Book in PDF, ePub and Kindle
Author | : J. Haskel |
Publisher | : |
Total Pages | : |
Release | : 1999 |
Genre | : Labor |
ISBN | : |
Download Wage Dispersion and Employment in UK Manufacturing Plants in the 1980's and 1990's Book in PDF, ePub and Kindle
Author | : Daniel Kornfeld |
Publisher | : |
Total Pages | : 116 |
Release | : 1995 |
Genre | : Income distribution |
ISBN | : |
Download Deunionization's Effect on Income Inequality in the United States in the 1980s Book in PDF, ePub and Kindle
Author | : Pierre-Richard Agénor |
Publisher | : |
Total Pages | : 32 |
Release | : 1996 |
Genre | : Employment (Economic theory) |
ISBN | : |
Download Wage Dispersion and Technical Progress Book in PDF, ePub and Kindle
Since the early 1980s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries. A number of economists have attributed these trends to skill-biased technical progress. This paper studies the wage and employment effects of technological changes of this type. The analysis is based on a model with a heterogeneous work force and a segmented labor market. Skill-biased technical progress is modeled as a shock that switches demand from unskilled to skilled labor in the primary, high-wage sector, while leaving the total demand for labor in that sector constant at initial wages. Such a shock reduces total employment in the primary sector, as the equilibrium increase in skilled labor employment is smaller than the fall in employment of unskilled labor. Efficiency factors are shown to magnify the adverse employment effects of pro-skilled technical change.