Wage Inequality and Segregation by Skill in an Assignment Model

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Publisher :
ISBN 13 :
Total Pages : 130 pages
Book Rating : 4.:/5 (618 download)

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Book Synopsis Wage Inequality and Segregation by Skill in an Assignment Model by : Ángel Gavilán González

Download or read book Wage Inequality and Segregation by Skill in an Assignment Model written by Ángel Gavilán González and published by . This book was released on 2005 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wage inequality, segregation by skill and the price of capital in an assignment model

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ISBN 13 :
Total Pages : 41 pages
Book Rating : 4.:/5 (112 download)

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Book Synopsis Wage inequality, segregation by skill and the price of capital in an assignment model by : Ángel Gavilán

Download or read book Wage inequality, segregation by skill and the price of capital in an assignment model written by Ángel Gavilán and published by . This book was released on 2006 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wage Inequality, Segregation by Skill and the Price of Capital in an Assignment Model

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Wage Inequality, Segregation by Skill and the Price of Capital in an Assignment Model by : Angel Gavilan Gonzalez

Download or read book Wage Inequality, Segregation by Skill and the Price of Capital in an Assignment Model written by Angel Gavilan Gonzalez and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some pieces of empirical evidence suggest that in the U.S., over the last few decades, (i) wage inequality between-plants has risen much more than wage inequality within-plants and (ii) there has been an increase in the segregation of workers by skill into separate plants. This paper presents a frictionless assignment model in which these two features can be explained simultaneously as the result of the decline in the relative price of capital. Additional implications of the model regarding the skill premium and the dispersion in labor productivity across plants are also consistent with the empirical evidence.

Wage Inequality, Segregation by Skill and the Price of Capital in an Assignment Model

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (138 download)

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Book Synopsis Wage Inequality, Segregation by Skill and the Price of Capital in an Assignment Model by : Ángel Gavilán González

Download or read book Wage Inequality, Segregation by Skill and the Price of Capital in an Assignment Model written by Ángel Gavilán González and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some pieces of empirical evidence suggest that in the U.S., over the last few decades, (i) wage inequality between-plants has risen much more than wage inequality within-plants and (ii) there has been an increase in the segregation of workers by skill into separate plants. This paper presents a frictionless assignment model in which these two features can be explained simultaneously as the result of the decline in the relative price of capital. Additional implications of the model regarding the skill premium and the dispersion in labor productivity across plants are also consistent with the empirical evidence. [resumen de autor]

Wage Inequality, Segregation by Skill and the Price of Capital in an Assignment Model

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Publisher :
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4.:/5 (255 download)

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Book Synopsis Wage Inequality, Segregation by Skill and the Price of Capital in an Assignment Model by : Ángel Gavilán

Download or read book Wage Inequality, Segregation by Skill and the Price of Capital in an Assignment Model written by Ángel Gavilán and published by . This book was released on 2006 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wage Inequality and Segregation by Skill

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ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Wage Inequality and Segregation by Skill by : Michael Kremer

Download or read book Wage Inequality and Segregation by Skill written by Michael Kremer and published by . This book was released on 1996 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evidence from the US, Britain, and France suggests that recent growth in wage inequality has been accompanied by greater segregation of high- and low-skill workers into separate firms. A model in which workers of different skill-levels are imperfect substitutes can simultaneously account for these increases in segregation and inequality either through technological change, or, more parsimoniously, through observed changes in the skill-distribution.

Social Preferences, Skill Segregation and Wage Dynamics

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Publisher : Fundacion BBVA
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4./5 ( download)

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Book Synopsis Social Preferences, Skill Segregation and Wage Dynamics by :

Download or read book Social Preferences, Skill Segregation and Wage Dynamics written by and published by Fundacion BBVA. This book was released on with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rising Wage Inequality, Comparative Advantage, and the Growing Importance of Skills in the United States

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Rising Wage Inequality, Comparative Advantage, and the Growing Importance of Skills in the United States by : Eric D. Gould

Download or read book Rising Wage Inequality, Comparative Advantage, and the Growing Importance of Skills in the United States written by Eric D. Gould and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study uses a model of comparative advantage to model the choice of workers into three broad occupations. The pursuit of comparative advantage is shown to reduce the level of inequality from what would occur in a random assignment of workers into occupations. However, after pricing the skills of workers separately within occupations, the results indicate that the sectors are becoming more similar in the way they value the skills of workers, thus reducing the importance of comparative advantage over time. Inequality is rising as the economy is increasingly characterized by the pursuit of absolute advantage rather than comparative advantage.

Assignment Reversals

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (838 download)

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Book Synopsis Assignment Reversals by : Thomas Sampson

Download or read book Assignment Reversals written by Thomas Sampson and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Implications of Skill-biased Technological Change

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ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Implications of Skill-biased Technological Change by : Eli Berman

Download or read book Implications of Skill-biased Technological Change written by Eli Berman and published by . This book was released on 1997 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demand for less skilled workers decreased dramatically in the US and in other developed countries over the past two decades. We argue that pervasive skill-biased technological change rather than increased trade with the developing world is the principal culprit. The pervasiveness of this technological change is important for two reasons. First, it is an immediate and testable implication of technological change. Second, under standard assumptions, the more pervasive the skill-biased technological change the greater the increase in the embodied supply of less skilled workers and the greater the depressing effect on their relative wages through world goods prices. In contrast, in the Heckscher-Ohlin model with small open economies, the skill-bias of local technological changes does not affect wages. Thus, pervasiveness deals with a major criticism of skill-biased technological change as a cause. Testing the implications of pervasive, skill-biased technological change we find strong supporting evidence. First, across the OECD, most industries have increased the proportion of skilled workers employed despite rising or stable relative wages. Second, increases in demand for skills were concentrated in the same manufacturing industries in different developed countries.

Unlevel Playing Fields

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Publisher : Ingram
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Unlevel Playing Fields by : Randy Albelda

Download or read book Unlevel Playing Fields written by Randy Albelda and published by Ingram. This book was released on 2004 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Markets, Governance, and Institutions in the Process of Economic Development

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Publisher : Oxford University Press
ISBN 13 : 0198812558
Total Pages : 417 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Markets, Governance, and Institutions in the Process of Economic Development by : Ajit Mishra

Download or read book Markets, Governance, and Institutions in the Process of Economic Development written by Ajit Mishra and published by Oxford University Press. This book was released on 2018 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: With contributions from past and present collaborators, this book celebrates the contributions of Kaushik Basu to development economics. It reflects on the issues of rent control, child labour, labour laws, harrassment, shared prosperity, and gender empowerment in the broader context of interactions between markets, governments, and institutions.

Gender and Racial Inequality at Work

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Publisher : Cornell University Press
ISBN 13 : 1501717502
Total Pages : 228 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Gender and Racial Inequality at Work by : Donald Tomaskovic-Devey

Download or read book Gender and Racial Inequality at Work written by Donald Tomaskovic-Devey and published by Cornell University Press. This book was released on 2018-05-31 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: No detailed description available for "Gender and Racial Inequality at Work".

Wage Dynamics and Returns to Unobserved Skill

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis Wage Dynamics and Returns to Unobserved Skill by : Lance Lochner

Download or read book Wage Dynamics and Returns to Unobserved Skill written by Lance Lochner and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 unobserved skills, and (iii) changing volatility in wages due to factors unrelated to skills. Using data from the PSID, we estimate that the returns to unobserved skills have declined by as much as 50% since the mid-1980s despite a sizable increase in residual inequality. Instead, the variance of skills rose over this period due to increasing variability in life cycle skill growth. Finally, we develop an assignment model of the labor market and show that both demand and supply factors contributed to the downward trend in the returns to skills over time, with demand factors dominating for non-college-educated men.

Innovation and Inequality

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Publisher : Princeton University Press
ISBN 13 : 140082477X
Total Pages : 206 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Innovation and Inequality by : Gilles Saint-Paul

Download or read book Innovation and Inequality written by Gilles Saint-Paul and published by Princeton University Press. This book was released on 2008-07-01 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Marx predicted a world in which technical innovation would increasingly devalue and impoverish workers, but other economists thought the opposite, that it would lead to increased wages and living standards--and the economists were right. Yet in the last three decades, the market economy has been jeopardized by a worrying phenomenon: a rise in wage inequality that has left a substantial portion of the workforce worse off despite the continuing productivity growth enjoyed by the economy. Innovation and Inequality examines why. Studies have firmly established a link between this worrying trend and technical change, in particular the rise of new information technologies. In Innovation and Inequality, Gilles Saint-Paul provides a synthetic theoretical analysis of the most important mechanisms by which technical progress and innovation affect the distribution of income. He discusses the conditions under which skill-biased technical change may reduce the wages of the least skilled, and how improvements in information technology allow "superstars" to increase the scale of their activity at the expense of less talented workers. He shows how the structure of demand changes as the economy becomes wealthier, in ways that may potentially harm the poorest segments of the workforce and economy. An essential text for graduate students and an indispensable resource for researchers, Innovation and Inequality reveals how different categories of workers gain or lose from innovation, and how that gain or loss crucially depends on the nature of the innovation.

The Assignment of Workers to Tasks with Endogenous Supply of Skills

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Publisher :
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Assignment of Workers to Tasks with Endogenous Supply of Skills by : Arnaud Dupuy

Download or read book The Assignment of Workers to Tasks with Endogenous Supply of Skills written by Arnaud Dupuy and published by . This book was released on 2013 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a general equilibrium assignment model of workers to tasks with endogenous supply of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur; workers self-select the type of skills to supply and firms assign workers to tasks/machines. Equilibrium is characterized by two functions mapping skills of each type to tasks and two wage functions, one for each type of skills, so that the wage distributions generally overlap. The model shows that the impact of any given skill-biased technical change on wage inequality is tightly related to the distribution of skills in the population. Productivity effects can be over or under estimated by wage data when the supply of skills is endogenous. The model also shows that Johnson's (1997) distinction between intensive and extensive technical change is impossible when supply is endogenous.

Race, Gender, and the Labor Market

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Publisher :
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Race, Gender, and the Labor Market by : Robert L. Kaufman

Download or read book Race, Gender, and the Labor Market written by Robert L. Kaufman and published by . This book was released on 2010 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Women and minorities have entered higher paying occupations, but their overall earnings still lag behind those of white men. Why? Looking nationwide at workers across all employment levels and occupations, the author examines the unexpected ways that prejudice and workplace discrimination continue to plague the labor market. He probes the mechanisms by which race and sex groups are sorted into "appropriate" jobs, showing how the resulting segregation undercuts earnings. He also uses an innovative integration of race-sex queuing and segmented-market theories to show how economic and social contexts shape these processes. His analysis reveals how race, sex, stereotyping, and devaluation interact to create earnings disparities, shedding new light on a vicious cycle that continues to the leave women and minorities behind.