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Wage Dispersion In The 1980s
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Book Synopsis Wage Dispersion in the 1980's by : Mr.Alun H. Thomas
Download or read book Wage Dispersion in the 1980's written by Mr.Alun H. Thomas and published by International Monetary Fund. This book was released on 1995-09-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Wage Dispersion in the 1980s by : Elaine Buckberg
Download or read book Wage Dispersion in the 1980s written by Elaine Buckberg and published by . This book was released on 2006 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Wage Dispersion in the 1980's by : Elaine Buckberg
Download or read book Wage Dispersion in the 1980's written by Elaine Buckberg and published by . This book was released on 1995 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis DECOMPOSITION OF CHANGES IN HONG KONG WAGE DISPERSION SINCE 1980s by : Huang Kai Wai
Download or read book DECOMPOSITION OF CHANGES IN HONG KONG WAGE DISPERSION SINCE 1980s written by Huang Kai Wai and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Inequality in the U.S. During the 1980s by : David S. Lee
Download or read book Wage Inequality in the U.S. During the 1980s written by David S. Lee and published by . This book was released on 1999 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Changes in Relative Wages in the 1980s by : Kenneth Young Chay
Download or read book Changes in Relative Wages in the 1980s written by Kenneth Young Chay and published by . This book was released on 1996 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Inequality in the United States During the 1980s by : David S. Lee
Download or read book Wage Inequality in the United States During the 1980s written by David S. Lee and published by . This book was released on 1999 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Dispersion and Employment in UK Manufacturing Plants in the 1980's and 1990's by : J. Haskel
Download or read book Wage Dispersion and Employment in UK Manufacturing Plants in the 1980's and 1990's written by J. Haskel and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Deunionization's Effect on Income Inequality in the United States in the 1980s by : Daniel Kornfeld
Download or read book Deunionization's Effect on Income Inequality in the United States in the 1980s written by Daniel Kornfeld and published by . This book was released on 1995 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Dispersion and Technical Progress by : Pierre-Richard Agénor
Download or read book Wage Dispersion and Technical Progress written by Pierre-Richard Agénor and published by . This book was released on 1996 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Wage Dispersion, Returns to Skill, and Black-white Wage Differentials by : David Edward Card
Download or read book Wage Dispersion, Returns to Skill, and Black-white Wage Differentials written by David Edward Card and published by . This book was released on 1993 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1980s wage differentials between younger and older workers and between more and less educated workers expanded rapidly. Wage dispersion among individuals with the same age and education also rose. A simple explanation for both sets of facts is that earnings represent a return to a one-dimensional index of skill, and that the rate of return to skill rose over the decade. We explore a simple method for estimating and testing 'single index' models of wages. Our approach integrates 3 dimensions of skill: age, education, and unobserved ability. We find that a one-dimensional skill model gives a relatively successful account of changes in the structure of wages for white men and women between 1979 and 1989. We then use the estimated models for whites to analyze recent changes in the relative wages of black men and women.
Book Synopsis Inflation and the Dispersion of Real Wages by : Alok Kumar
Download or read book Inflation and the Dispersion of Real Wages written by Alok Kumar and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The article studies the effects of inflation on real wage dispersion in a search-monetary framework. The economy is characterized by frictions in both the goods and the labor markets. In the goods market, buyers and sellers bargain over prices, whereas in the labor market firms post wage offers. In equilibrium, a lower inflation rate increases the dispersion of real wages. This result is consistent with both the observed trends in wage dispersion and the inflation rate witnessed in the 1980s and the 1990s in the United States and the empirical literature linking reduced inflation to greater wage dispersion.
Book Synopsis The Structure of Wages by : Edward P. Lazear
Download or read book The Structure of Wages written by Edward P. Lazear and published by University of Chicago Press. This book was released on 2009-05-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.
Book Synopsis Immigration and Wages by : Kristin Frances Butcher
Download or read book Immigration and Wages written by Kristin Frances Butcher and published by . This book was released on 1991 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Danish Gender Wage Gap in the 1980s by : Michael Rosholm
Download or read book The Danish Gender Wage Gap in the 1980s written by Michael Rosholm and published by . This book was released on 1994 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Dispersion between and within Plants by : Oskar Nordstrom Skans
Download or read book Wage Dispersion between and within Plants written by Oskar Nordstrom Skans and published by . This book was released on 2010 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper describes the Swedish wage distribution and how it correlates with worker mobility and plant-specific factors. It is well known that wage inequality has increased in Sweden since the mid-1980s. However, little evidence has so far been available as to whether this development reflects increased dispersion between plants, between individuals in the same plant, or both. We use a new linked employer-employee data set and discover that a trend rise in between-plant wage inequality account for the entire increase in wage dispersion. This pattern, which remains when we control for observable individual human capital characteristics, may reflect increased sorting of workers by skill levels and/or increased scope for rent sharing in local wage negotiations. Our discussion suggests that both factors may have become more important.
Book Synopsis Wage Dispersion Between and Within Plants by : Oskar Nordström Skans
Download or read book Wage Dispersion Between and Within Plants written by Oskar Nordström Skans and published by . This book was released on 2007 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper describes the Swedish wage distribution and how it correlates with worker mobility and plant-specific factors. It is well known that wage inequality has increased in Sweden since the mid-1980s. However, little evidence has so far been available as to whether this development reflects increased dispersion between plants, between individuals in the same plant, or both. We use a new linked employer-employee data set and discover that a trend rise in between-plant wage inequality account for the entire increase in wage dispersion. This pattern, which remains when we control for observable individual human capital characteristics, may reflect increased sorting of workers by skill levels and/or increased scope for rent sharing in local wage negotiations. Our discussion suggests that both factors may have become more important.
