منابع مشابه
Wage Inequality, Minimum Wage Effects and Spillovers
This paper investigates possible spillover effects of the UK minimum wage. The halt in the growth in inequality in the lower half of the wage distribution (as measured by the 50:10 percentile ratio) since the mid 1990s, in contrast to the continued inequality growth in the upper half of the distribution, suggests the possibility of a minimum wage effect and spillover effects on wages above the ...
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Recent widening of the wage gap between skilled and unskilled workers has been attributed mainly to skill-biased-technical-change and to trade liberalization. This paper examines the effects of the two in a unified model, in which trade and technology adoption are endogenous. The paper has two main results. First, technical progress increases the wage gap in developed and in less developed coun...
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I argue that increased foreign competition can affect technical choice and skill differentials even when actual imports do not rise significantly. I present a model of General Oligopolistic Equilibrium ("GOLE") in which a reduction in import barriers (whether technological or policy-imposed) encourages more strategic investment by incumbent firms. The predictions accord with many of the stylise...
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We present a simple model to explain why wage inequality in the U.S. increased in the 1980s but decreased in the 1970s, in which we argue that educational investment might deteriorate wage inequality temporarily, but permanently decrease it. A country would not necessarily present the Kuznets inversed-U curve if having sufficient educational investment. Acceleration in the educational investmen...
متن کاملInnovation, Firms and Wage Inequality∗
This paper uses matched employee-employer data from the UK that we augment with information on R&D expenditures, to analyze the relationship between innovativeness and average wage income across firms. We first show that more R&D intensive firms pay higher wages on average. Our second finding is that the premium to working in more R&D intensive firms seems to be higher for low-skilled workers t...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2017
ISSN: 1556-5068
DOI: 10.2139/ssrn.2973972