Rising inequality and de-democratization

Does slow growth lead to rising inequality?

Polarization and Rising Wage Inequality: Comparing the U.S. and Germany

This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz (1995) to separate age, time, and cohort effects. Between 1979 and 2004, wage inequality increased strongly in both the U.S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth since the 1990s at the top (80% qua...

Race, Cognitive Ability, and Rising Wage Inequality: 1968-1991

Race, Cognitive Ability, and Rising Wage Inequality: 1968-1991 Patrick L. Mason January 16, 1998 Both interracial and intraracial wage inequalities have increased substantially during the 1980s and 1990s. For example, after adjusting differences in experience, length of time on the job, and other relevant factors, a college graduate’s weekly earnings were 31 percent greater than the weekly earn...

Educational Self-Selection, Tasks Assignment and Rising Wage Inequality

Educational Self-Selection, Tasks Assignment and Rising Wage Inequality This paper presents a general equilibrium assignment model of workers to tasks with endogenous human capital formation and multidimensionality of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur, workers self-select their education and firms assig...

Capital-Skill Complementarity and Rising Wage Inequality in the UK

The consensus in the literature investigating the causes of increased wage inequality in developed nations since 1980 is that skill-biased technical change is responsible for the widening of the wage distribution. A shortcoming in this literature is that technical change is commonly determined residually; that is, those changes in relative wages unexplained by other factors are attributed to ch...