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Wednesday, July 22, 2020 | History

2 edition of Wage dispersion and technical progress found in the catalog.

Wage dispersion and technical progress

Pierre-Richard AgГ©nor

Wage dispersion and technical progress

by Pierre-Richard AgГ©nor

  • 62 Want to read
  • 22 Currently reading

Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

    Subjects:
  • Wages -- Effect of skilled labor on -- Mathematical models.,
  • Employment (Economic theory) -- Effect of technological innovations on -- Mathematical models.

  • Edition Notes

    StatementPierre-Richard Agénor, Joshua Aizenman.
    SeriesNBER working paper series -- working paper no. 5417, Working paper series (National Bureau of Economic Research) -- working paper no. 5417.
    ContributionsAizenman, Joshua., National Bureau of Economic Research.
    The Physical Object
    Pagination32, [4] p.
    Number of Pages32
    ID Numbers
    Open LibraryOL22414332M

    high wages (higher than marginal productivity) at the low end of the wage distribu-tion cut low-skilled workers out of employment. Consequently, countries should allow for higher wage dispersion in the bottom half of the wage distribution and lower wages for the low skilled (institutional reform) which should push their employment levels up. On-the-job-search, wage dispersion and trade liberalization Joel Rodrigue Vanderbilt University Kunio Tsuyuhara University of Calgary Abstract. This paper builds a dynamic, general equilibrium, open economy model which allows for ex-ante homoge-neous workers to experience different wage growth before and after trade liberalization.

    Wage dispersion, trade unions, and heterogeneous labor demand [Elektronische Ressource]: microeconometric analyses for Germany / Karsten Kohn: Johann Wolfgang Goethe-UniversitätFrankfurt am MainWage Dispersion, Trade Unions, andHeterogeneous Labor Demand –Microeconometric Analyses for GermanyInaugural-Dissertation zur Erlangung des Doktorgradesdes Fachbereichs . Employee Training, Wage Dispersion and Equality in Britain* We use British household panel data to explore the wage returns to training incidence and intensity (duration) for employees. We find these returns differ greatly depending on the nature of the training (general or specific); who funds the training (employee or employer);.

    wages,5 and the impact of in°ation on relative price dispersion and average markups by price-setting flrms.6 An analysis of the efiects of the wedge between wage in°ation and price in°ation in an economy, created by real growth, is missing from the theo-retical discussions on the efiects of in°ations and mark-up distortions. In. wages; generally, this literature shows that deregulation increased wage dispersion.3 In this article, I ask whether we can empirically identify a causal effect from increased product market competition to increased re-turns to skill and wage inequality, and I analyze the .


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Wage dispersion and technical progress by Pierre-Richard AgГ©nor Download PDF EPUB FB2

COVID Resources. Reliable information about the coronavirus (COVID) is available from the World Health Organization (current situation, international travel).Numerous and frequently-updated resource results are available from this ’s WebJunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus.

Get this from a library. Wage dispersion and technical progress. [Pierre-Richard Agénor; Joshua Aizenman; National Bureau of Economic Research.] -- Abstract: Since the early s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries.

A number of economists have attributed. Wage Dispersion and Technical Progress Pierre-Richard Agenor, Joshua Aizenman. NBER Working Paper No.

Issued in January NBER Program(s):International Trade and Investment Since the early s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial by: 7.

Downloadable. Since the early s, 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 Wage dispersion and technical progress book wage and employment effects of technological changes of this type. The analysis is based on a model with a heterogeneous. Since the early s, 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 : Pierre-Richard Agenor and Joshua Aizenman.

[], on the other hand, find a substantial impact of the changes in the minimum wage on wage dispersion. TECHNICAL PROGRESS AND WAGE DISPERSION the demand for less skilled US workers 3.

The argument in favour of skill-biased technical change, on the other hand, is. growing part of total wage dispersion, (2) much of the between plant increase in dispersion is Caselli () models the effect of a technical revolution on the dispersion of wages and productivity.

In the Caselli model a technology is a matching of workers of type i who have the. and). Skill Bias, Trade, and Wage Dispersion Ferdinando Monte March 1, Abstract Wage ratios between di⁄erent percentiles of the wage distribution have moved in parallel and then diverged in the U.S.

in the last 50 years. In this paper, I study the theoretical response of wage ratios to skill-biased technical change and trade integration. occupations and professional and technical occupations, the highest actual wage paid in the establishment was, on average, 20 percent to 35 percent higher than the lowest actual wage paid.

Dispersion was generally less for skilled maintenance, toolroom, and powerplant jobs, with the highest wage for the job exceeding the lowest wage by. decomposition analysis, training is found to be positively associated with wage dispersion: a virtuous circle of wage gains and training exists in Britain but only for white-collar employees.

JEL Classification: J24, J31, J41 Keywords: training, wage compression. dispersion, making trend inflation costly. Adding technical change to sticky wages when trend inflation is zero will generate some wage dispersion relative to the no growth case.

Adding positive trend inflation on top of sticky wages and technical change will amplify wage dispersion and fuel inflation costs even more.4 Therefore. Adding technical change to sticky wages when trend inflation is zero will generate some wage dispersion relative to the no growth case.

Adding positive trend inflation on top of sticky wages and technical change will amplify wage dispersion and fuel inflation costs even more. 4 4 See Amano et al. () for a similar reasoning in a simpler NK.

plant changes in accounting for changes in wage dispersion, and how the differential use of technology across plants accounts for between-plant changes in wage and productivity dispersion.

There are a variety of mech-anisms through which technical change is hypothesized to affect the dis-tribution of wages and the structure of the workforce.

Wage Dispersion between and technical change will play a major role in any satisfactory neoclassical explanation for recent changes in the wage structure.

An alternative, and complementary. Development of Wage Dispersion In most OECD countries wage dispersion has been increasing during the past decades. However, wage dispersion and its development differs highly. Figure 1 shows the development of the 9th in relation to the 1st decile (D9/D1) for selected countries from the s untilwhile average values for each.

Training, Search and Wage Dispersion Technical Appendix Chao Fu University of Wisconsin-Madison October, Abstract This paper combines on-the-job search and human capital theory to study the coexistence of –rm-funded general training and frequent job turnovers.

Although ex ante identical, –rms di⁄er in their training deci-sions. erly calibrated, can generate only a small amount of frictional wage dispersion, i.e., wage differentials among ex-ante similar workers induced purely by search frictions.

We derive this result for a specific measure of wage dispersion—the ratio between the average wage and the lowest (reservation) wage paid. We show that in a large. The pattern of technical change since the mids and the rising dispersion of wages in the U.S.

is then explained as a response to an increase in the relative supply of labor since the s, “ at least in part exogenously due to government support for higher education.” (p.

and 10th percentiles of the wage distribution, rose from to for males and from to for females from to Similar growth in inequal-ity was found elsewhere in the wage distribution, though dispersion in the lower wage groups (for instance, the 50.

Computerization and Wage Dispersion: An Analytical Reinterpretation Timothy F. Bresnahan* Preliminary and Incomplete For Presentation at the NBER Summer Institute, August 4, Comments Welcome Abstract The United States has recently seen a dramatic rise in income inequality, all the more surprising because the long term trend had been toward.

establishment dispersion in wages is closely associated with rising between-establishment dispersion in productivity (e.g., Dunne et al., ). Economic theories of search and matching provide theoretical justification for the connection between productivity dispersion and wage dispersion (e.g., Burdett and Mortensen, ).Request PDF | On Jan 1,H.

Herr and others published Wage dispersion as key factor for changing personal income distribution | Find, read and cite all the research you need on ResearchGate.ing wages in terms of political and/or social priorities, increase wage dispersion by level of formal schooling, and narrow geographical wage difierentials.

However, such changes have not been observed. Rather, private returns to schooling remain low (Jamison and Van Der Gaag,Dessi,Byron and Manaloto,Fleisher, Dong, and Liu.