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Changing Returns To Occupational Skill And Womens Wages
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Book Synopsis Changing Returns to Occupational Skill and Women's Wages by : Felix Schran
Download or read book Changing Returns to Occupational Skill and Women's Wages written by Felix Schran and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates to what extent changes in the returns to occupational skill and declining occupational segregation have reduced wage inequality between men and women. As a first pass, I find that roughly 65% of the decline in the gender wage gap between 1985 and 2010 can be explained by a reduction in occupational segregation between the genders. The remaining 35% are explained by shifts in occupational wages which increased within occupations important for female employment, and declined in many occupations important for male employment such as producing occupations. Motivated by the central of Böhm et al. (2019) that average wages do not move as much as skill prices, I reestimate the part of the declining wage gap attributed to changes in (selection corrected) skill prices. The impact of movements in skill prices on the reduction in gender wage inequality was roughly 13 percentage points larger than the impact of changes in average wages alone. Similar findings hold when decomposing the rise in the proportion of women at higher percentiles of the wage distribution and vice versa for lower percentiles. This underscores the importance of accounting for selection effects in decompositions.
Book Synopsis Changing Returns to Occupational Skills and Their Contribution to Wage Inequality Growth by : Susan Katie Taylor
Download or read book Changing Returns to Occupational Skills and Their Contribution to Wage Inequality Growth written by Susan Katie Taylor and published by . This book was released on 1997 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Changes in Returns to Task-Specific Skills and Gender Wage Gap by : Shintaro Yamaguchi
Download or read book Changes in Returns to Task-Specific Skills and Gender Wage Gap written by Shintaro Yamaguchi and published by . This book was released on 2016 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: What role did skilled-biased technological change play in narrowing the wage inequality, particularly between men and women? To answer that question this paper constructs a task-based Roy model in which workers possess a bundle of basic skills and occupations are characterized as a bundle of basic tasks. The model is estimated using the task data from the Dictionary of Occupational Titles and the PSID. The main empirical finding is that men have more motor skills than women, but the returns to motor skills have dropped significantly, accounting for a major part of the narrowed gender wage gap from 1980 to 2000. During the period of 2000-2010, the returns to motor skills were stable, but the estimates suggest that the faster growth of women's cognitive and general skills compared to men's reduced the gender wage gap.
Book Synopsis Who's Not Working and Why by : Frederic L. Pryor
Download or read book Who's Not Working and Why written by Frederic L. Pryor and published by Cambridge University Press. This book was released on 1999 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting a radically different view of the operations of the labor market, in this 1999 book Professors Pryor and Schaffer explain the growing inequality in wages and how those with the least education are being squeezed out of the labor market. Why have wages in those jobs requiring extra-high cognitive skills risen while all other wages have stagnated or fallen? And why are more university graduates taking high-school jobs? The authors of this volume present data revealing that jobs which require a high educational level are increasing more slowly than those with somewhat lower requirements. However such jobs are increasing faster than those requiring still less formal education. Professors Pryor and Schaffer also show how women are replacing men in jobs which require higher levels of education and, moreover, how those with high cognitive skills are replacing those with lower cognitive skills.
Book Synopsis Are Low-Skill Women Being Left Behind? Labor Market Evidence from the UK by : Ms. Era Dabla-Norris
Download or read book Are Low-Skill Women Being Left Behind? Labor Market Evidence from the UK written by Ms. Era Dabla-Norris and published by International Monetary Fund. This book was released on 2022-02-25 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor markets in the UK have been characterized by markedly widening wage inequality for lowskill (non-college) women, a trend that predates the pandemic. We examine the contribution of job polarization to this trend by estimating age, period, and cohort effects for the likelihood of employment in different occupations and the wages earned therein over 2001-2019. For recent generations of women, cohort effects indicate a higher likelihood of employment in low-paying manual jobs relative to high-paying abstract jobs. However, cohort effects also underpin falling wages for post-1980 cohorts across all occupations. We find that falling returns to labor rather than job polarization has been a key driver of rising inter-age wage inequality among low-skill females. Wage-level cohort effects underpin a nearly 10 percent fall in expected lifetime earnings for low-skill women born in 1990 relative to those born in 1970.
Book Synopsis Explaining Women's Success by : Sandra E. Black
Download or read book Explaining Women's Success written by Sandra E. Black and published by . This book was released on 2007 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The closing of the gender wage gap is an ongoing phenomenon in industrialized countries. However, research has been limited in its ability to understand the causes of these changes, due in part to an inability to directly compare the work of women to that of men. In this study, we use a new approach for analyzing changes in the gender pay gap that uses direct measures of job tasks and gives a comprehensive characterization of how work for men and women has changed in recent decades. Using data from West Germany, we find that women have witnessed relative increases in non-routine analytic tasks and non-routine interactive tasks, which are associated with higher skill levels. The most notable difference between the genders is, however, the pronounced relative decline in routine task inputs among women with little change for men. These relative task changes explain a substantial fraction of the closing of the gender wage gap. Our evidence suggests that these task changes are driven, at least in part, by technological change. We also show that these task changes are related to the recent polarization of employment between low and high skilled occupations that we observed in the 1990s.
Book Synopsis The Oxford Handbook of Women and the Economy by : Susan L. Averett
Download or read book The Oxford Handbook of Women and the Economy written by Susan L. Averett and published by Oxford University Press. This book was released on 2018-05-15 with total page 889 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transformation of women's lives over the past century is among the most significant and far-reaching of social and economic phenomena, affecting not only women but also their partners, children, and indeed nearly every person on the planet. In developed and developing countries alike, women are acquiring more education, marrying later, having fewer children, and spending a far greater amount of their adult lives in the labor force. Yet, because women remain the primary caregivers of children, issues such as work-life balance and the glass ceiling have given rise to critical policy discussions in the developed world. In developing countries, many women lack access to reproductive technology and are often relegated to jobs in the informal sector, where pay is variable and job security is weak. Considerable occupational segregation and stubborn gender pay gaps persist around the world. The Oxford Handbook of Women and the Economy is the first comprehensive collection of scholarly essays to address these issues using the powerful framework of economics. Each chapter, written by an acknowledged expert or team of experts, reviews the key trends, surveys the relevant economic theory, and summarizes and critiques the empirical research literature. By providing a clear-eyed view of what we know, what we do not know, and what the critical unanswered questions are, this Handbook provides an invaluable and wide-ranging examination of the many changes that have occurred in women's economic lives.
Book Synopsis The Changing Nature of Work by : National Research Council
Download or read book The Changing Nature of Work written by National Research Council and published by National Academies Press. This book was released on 1999-09-07 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although there is great debate about how work is changing, there is a clear consensus that changes are fundamental and ongoing. The Changing Nature of Work examines the evidence for change in the world of work. The committee provides a clearly illustrated framework for understanding changes in work and these implications for analyzing the structure of occupations in both the civilian and military sectors. This volume explores the increasing demographic diversity of the workforce, the fluidity of boundaries between lines of work, the interdependent choices for how work is structured-and ultimately, the need for an integrated systematic approach to understanding how work is changing. The book offers a rich array of data and highlighted examples on: Markets, technology, and many other external conditions affecting the nature of work. Research findings on American workers and how they feel about work. Downsizing and the trend toward flatter organizational hierarchies. Autonomy, complexity, and other aspects of work structure. The committee reviews the evolution of occupational analysis and examines the effectiveness of the latest systems in characterizing current and projected changes in civilian and military work. The occupational structure and changing work requirements in the Army are presented as a case study.
Book Synopsis Noncognitive Skills, Occupational Attainment, and Relative Wages by : Deborah A. Cobb-Clark
Download or read book Noncognitive Skills, Occupational Attainment, and Relative Wages written by Deborah A. Cobb-Clark and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Race between Education and Technology by : Claudia Goldin
Download or read book The Race between Education and Technology written by Claudia Goldin and published by Harvard University Press. This book was released on 2009-07-01 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.
Book Synopsis Do Male-female Wage Differentials Reflect Differences in the Return to Skill? by : Paul Beaudry
Download or read book Do Male-female Wage Differentials Reflect Differences in the Return to Skill? written by Paul Beaudry and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the 1980s and 1990s the wage differentials between men and women (with similar observable characteristics) declined significantly. At the same time, the returns to education increased. It has been suggested that these two trends may reflect a common change in the relative price of a skill which is more abundant in both women and more educated workers. In this paper we explore the relevance of this hypothesis by examining the cross-city co-movement in both male-female wage differentials and returns to education over the 1980-2000 period. In parallel to the aggregate pattern, we find that male-female wage differentials at the city levels moved in opposite direction to the changes in the return to education. We also find this relationship to be particularly strong when we isolate data variation which most likely reflects the effect of technological change on relative prices. We take considerable care of controlling for potential selection issues which could bias our interpretation. Overall, our cross-city estimates suggest that most of the aggregate reduction in the male-female wage differential observed over the 1980-2000 period was likely due to a change in the relative price of skill that both females and educated workers have in greater abundance.
Book Synopsis Do Male-Female Wage Differentials Reflect Differences in the Return to Skill? Cross-City Evidence from 1980-2000 by : Paul Beaudry
Download or read book Do Male-Female Wage Differentials Reflect Differences in the Return to Skill? Cross-City Evidence from 1980-2000 written by Paul Beaudry and published by . This book was released on 2015 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the 1980s and 1990s the wage differentials between men and women (with similar observable characteristics) declined significantly. At the same time, the returns to education increased. It has been suggested that these two trends may reflect a common change in the relative price of a skill which is more abundant in both women and more educated workers. In this paper we explore the relevance of this hypothesis by examining the cross-city co-movement in both male-female wage differentials and returns to education over the 1980-2000 period. In parallel to the aggregate pattern, we find that male-female wage differentials at the city levels moved in opposite direction to the changes in the return to education. We also find this relationship to be particularly strong when we isolate data variation which most likely reflects the effect of technological change on relative prices. We take considerable care of controlling for potential selection issues which could bias our interpretation. Overall, our cross-city estimates suggest that most of the aggregate reduction in the male-female wage differential observed over the 1980-2000 period was likely due to a change in the relative price of skill that both females and educated workers have in greater abundance.
Book Synopsis Women's Work and Wages by : Christina Jonung
Download or read book Women's Work and Wages written by Christina Jonung and published by Routledge. This book was released on 2002-09-11 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time when women in industrialized countries have a stronger and more permanent presence in the labour market than ever before, why does the gender pay gap differ so greatly between countries? The contributors to this book use empirical studies of gender differences in family responsibilities and time allocation to demonstrate how such differences affect women's wages and analyse pay structures and wage mobility throughout Europe.
Book Synopsis Skill and Occupational Change by : Roger Penn
Download or read book Skill and Occupational Change written by Roger Penn and published by OUP Oxford. This book was released on 1994 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this major new book leading sociologists, economists, and social psychologists present their highly original research into changes in jobs in Britain in the 1980s. Combining large-scale sample surveys, personal life-histories, and case studies of towns, employers, and worker groups, their findings give clear and often surprising answers to questions debated by social and economic observers in all advanced countries. Does technology destroy skills or rebuild them? How does skill affect the attitudes of employees and their managers towards their jobs? Are women gaining greater skill equality with men, or are they still stuck on the lower rungs of the skill and occupational ladders? The book also takes up neglected issues (what do employees really mean by a skilled job? How does skill-change link with changes in social values?) and challenges and discredits the widely held view that new technology has de-skilled the work force. Skill and Occupational Change exploits the richest single data-set available in contemporary Europe and the authors exemplify many new techniques for researching skills at work: as an economic resource, as a motor of occupational change, and as a basis for personal careers and identity. It provides the most comprehensive, authoritative, and carefully researched set of conclusions to date on skill trends and their implications and draws the authoritative new map of skill-change in British society.
Book Synopsis The Changing Nature of Work by : National Research Council
Download or read book The Changing Nature of Work written by National Research Council and published by National Academies Press. This book was released on 1999-10-07 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although there is great debate about how work is changing, there is a clear consensus that changes are fundamental and ongoing. The Changing Nature of Work examines the evidence for change in the world of work. The committee provides a clearly illustrated framework for understanding changes in work and these implications for analyzing the structure of occupations in both the civilian and military sectors. This volume explores the increasing demographic diversity of the workforce, the fluidity of boundaries between lines of work, the interdependent choices for how work is structured-and ultimately, the need for an integrated systematic approach to understanding how work is changing. The book offers a rich array of data and highlighted examples on: Markets, technology, and many other external conditions affecting the nature of work. Research findings on American workers and how they feel about work. Downsizing and the trend toward flatter organizational hierarchies. Autonomy, complexity, and other aspects of work structure. The committee reviews the evolution of occupational analysis and examines the effectiveness of the latest systems in characterizing current and projected changes in civilian and military work. The occupational structure and changing work requirements in the Army are presented as a case study.
Book Synopsis Job Polarization and the Declining Fortunes of the Young: Evidence from the United Kingdom by : Ms.Era Dabla-Norris
Download or read book Job Polarization and the Declining Fortunes of the Young: Evidence from the United Kingdom written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2019-10-11 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a life-cycle framework to document new stylized facts about the nexus between job polarization and earnings inequality. Using quarterly labor force data for the UK over the period 2000-2018, we find clear life-cycle profiles in the probability of being employed within each occupation type and wages earned therein. Cohort plots and econometric analysis suggest that labor market outcomes and prospects have gradually worsened for the young. These adverse trends are particularly significant for low-skill women: estimated cohort effects point to a fall in wages within each occupation as well as a lower propensity of being employed in abstract-task occupations. We also find evidence of general occupational downgrading in the UK, with more educated workers taking up fewer high-skill occupations than they did in the past. Our analysis informs the policy debate over appropriate measures needed to reduce skill mismatches and alleviate labor market transitions.
Book Synopsis The New Gilded Age by : David Grusky
Download or read book The New Gilded Age written by David Grusky and published by Stanford University Press. This book was released on 2012-05-09 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income inequality is an increasingly pressing issue in the United States and around the world. This book explores five critical issues to introduce some of the key moral and empirical questions about income, gender, and racial inequality: Do we have a moral obligation to eliminate poverty? Is inequality a necessary evil that's the best way available to motivate economic action and increase total outpt? Can we retain a meaningful democracy even when extreme inequality allows the rich to purchase political privilege? Is the recent stalling out of long-term declines in gender inequality a historic reversal that presages a new gender order? How are racial and ethnic inequalities likely to evolve as minority populations grow ever larger, as intermarriage increases, and as new forms of immigration unfold? Leading public intellectuals debate these questions in a no-holds-barred exploration of our New Gilded Age.
