Wage Inequality
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Understanding Wage Inequality
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Author : Ch'ŏl Chŏng
language : en
Publisher: 대외경제정책연구원
Release Date : 2007
Understanding Wage Inequality written by Ch'ŏl Chŏng and has been published by 대외경제정책연구원 this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Equality categories.
This paper investigates the trend of the wage inequality and the metropolitan wage premium in the United States during the 1980s. Two distinct sets of literature documented that the wage inequality between skilled and unskilled workers and the metropolitan wage premium have risen significantly during the decade. When we combine these two sets of evidence and consider the interaction between skill and location, however, the increasing trends of the skill wage gap and the metropolitan wage premium almost disappear. Most of the dynamic changes are picked up by the interaction term, an extra metropolitan wage premium for skill, which rises significantly over the decade. As a partial explanation we find an increasing trend of the skill wage inequality across industries and occupations within metropolitan areas relative to non-metropolitan areas. This finding suggests that the skill biased technology alone may not sufficiently explain the growing wage inequality and it can be interpreted as a metropolitan specific phenomenon to an extent.
Wage Inequality In Latin America
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Author : Julián Messina
language : en
Publisher: World Bank Publications
Release Date : 2017-12-28
Wage Inequality In Latin America written by Julián Messina and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-28 with Business & Economics categories.
What caused the decline in wage inequality of the 2000s in Latin America? Looking to the future, will the current economic slowdown be regressive? Wage Inequality in Latin America: Understanding the Past to Prepare for the Future addresses these two questions by reviewing relevant literature and providing new evidence on what we know from the conceptual, empirical, and policy perspectives. The answer to the fi rst question can be broken down into several parts, although the bottom line is that the changes in wage inequality resulted from a combination of three forces: (a) education expansion and its eff ect on falling returns to skill (the supply-side story); (b) shifts in aggregate domestic demand; and (c) exchange rate appreciation from the commodity boom and the associated shift to the nontradable sector that changed interfi rm wage diff erences. Other forces had a non-negligible but secondary role in some countries, while they were not present in others. These include the rapid increase of the minimum wage and a rapid trend toward formalization of employment, which played a supporting role but only during the boom. Understanding the forces behind recent trends also helps to shed light on the second question. The analysis in this volume suggests that the economic slowdown is putting the brakes on the reduction of inequality in Latin America and will likely continue to do so—but it might not actually reverse the region’s movement toward less wage inequality.
Wage Inequality
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Author : Francine D. Blau
language : en
Publisher: A E I Press
Release Date : 1996
Wage Inequality written by Francine D. Blau and has been published by A E I Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.
Compares trends in wage inequalities in the USA and nine other industrialized countries in the middle to late 1980s. Concludes that wages are more unequal in the USA than they are in other advanced economies.
Earnings Inequality
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Author : Robert H. Haveman
language : en
Publisher: American Enterprise Institute
Release Date : 1996
Earnings Inequality written by Robert H. Haveman and has been published by American Enterprise Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.
Analyses changes in men's earnings from the mid-1970s to 1991.
Inequality
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Author : Solomon W. Polachek
language : en
Publisher: Emerald Group Publishing
Release Date : 2016-02-29
Inequality written by Solomon W. Polachek and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-29 with Business & Economics categories.
Research in Labor Economics volume 43 contains new and innovative research on the causes and consequences of inequality.
Taxation Of Human Capital And Wage Inequality
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Author : Fatih Guvenen
language : en
Publisher: DIANE Publishing
Release Date : 2010-10
Taxation Of Human Capital And Wage Inequality written by Fatih Guvenen and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10 with Business & Economics categories.
Wage inequality has been significantly higher in the U.S. than in continental European countries since the 1970s. This report studies the role of labor income tax policies (LITP) for understanding these facts. Countries with more progressive LITP have significantly lower before-tax wage inequality at different points in time. Progressivity is also negatively correlated with the rise in wage inequality during this period. Wage inequality arises from differences across individuals in their ability to learn new skills as well as from idiosyncratic shocks. Progressive taxation compresses the (after-tax) wage structure, thereby distorting the incentives to accumulate human capital, in turn reducing the cross-sectional dispersion of (before-tax) wages. Illustrations. This is a print-on-demand publication; it is not an original.
Wage Inequality In Africa
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Author : Shirley Johnson-Lans
language : en
Publisher: Springer
Release Date : 2017-04-17
Wage Inequality In Africa written by Shirley Johnson-Lans and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-17 with Business & Economics categories.
This Palgrave Pivot features original research studies of wage inequality in African countries including South Africa, Nigeria, Tanzania, and Uganda. The contributors examine gender and racial wage differentials, as well as the effects of urbanization and globalization on inequality in wages and earnings. They also examine the extent to which human capital factors such as education and experience contribute to the significant wage differentials that exist in African countries.
The Role Of Firms In Wage Inequality Policy Lessons From A Large Scale Cross Country Study
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2021-12-09
The Role Of Firms In Wage Inequality Policy Lessons From A Large Scale Cross Country Study written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-09 with categories.
Even though firms play a key role in shaping wages, wage inequality and the gender wage gap, firms have so far only featured to a limited extent in the policy debates around these issues. The evidence in this volume shows that around one third of overall wage inequality can be explained by gaps in pay between firms rather than differences in the level and returns to workers’ skills.
What S Driving Wage Inequality
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Author : Aaron Steelman
language : en
Publisher: DIANE Publishing
Release Date : 2008-10
What S Driving Wage Inequality written by Aaron Steelman and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10 with Business & Economics categories.
Wage inequality has increased sharply in the U.S. since the mid-1970s. While some have argued that globalization -- in particular, increased international trade and immigration -- is primarily responsible for changes in the wage distribution, the authors argue that the main cause is skill-biased technical change. Workers with relatively high skill levels have experienced more rapid growth in wages than less-skilled workers, some of whom have seen an actual decline in their real wages. Although technical change likely has increased wage inequality, it also has greatly enhanced productivity and thus living standards in the U.S.
The Contribution Of The Minimum Wage To U S Wage Inequality Over Three Decades
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Author : David H. Autor
language : en
Publisher: DIANE Publishing
Release Date : 2010
The Contribution Of The Minimum Wage To U S Wage Inequality Over Three Decades written by David H. Autor and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Income distribution categories.
We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy to address both. We find that the minimum wage reduces inequality in the lower tail of the wage distribution (the 50/10 wage ratio), but the impacts are typically less than half as large as those reported elsewhere and are almost negligible for males. Nevertheless, the estimated effects extend to wage percentiles where the minimum is nominally non-binding, implying spillovers. However, we show that spillovers and measurement error (absent spillovers) have similar implications for the effect of the minimum on the shape of the lower tail of the measured wage distribution. With available precision, we cannot reject the hypothesis that estimated spillovers to non-binding percentiles are due to reporting artifacts. Accepting this null, the implied effect of the minimum wage on the actual wage distribution is smaller than the effect of the minimum wage on the measured wage distribution.