Higher Education, Wages, and Polarization
ثبت نشده
چکیده
The earnings gap between people with a college degree and those with no education beyond high school has been growing since the late 1970s. Since 2000, however, the gap has grown more for those who have earned a post-graduate degree as well. The divergence between workers with college degrees and those with graduate degrees may be one manifestation of rising labor market polarization, which benefits those earning the highest and the lowest wages relatively more than those in the middle of the wage distribution.
منابع مشابه
The Effect of Education on Labor Wages in Iranian Urban Households Based on Quantile Regression
The purpose of this article is to examine the impact of education and work experience on earning. For this purpose, Mincer’s wage equation, quantile regression estimation method and the microdata from Iranian survey of household income and expenses in 2016 have been used. Estimation results show that education returns are positive in all income quantiles, and education in lower-income quantiles...
متن کاملTaking Selection to Task: Bounds on Trends in Occupational Task Prices for the U.S., 1984-2013
In the large literature on polarization in the wage and employment structure, arguments about shifts in relative demands for different task based groups have been built on comparisons of movements in employment and wages. In particular, increases in both wages and employment in cognitive task occupations relative to routine task occupations are the basis for arguments that Information Technolog...
متن کاملSelf-esteem, education, and wages revisited
Personality undoubtedly plays a role in determining educational attainment and labor market outcomes. We investigate the role of self-esteem in determining wages directly and indirectly via education. We use data from the 1979 wave of the National Longitudinal Study of Youth (NLSY79) to estimate a three equation simultaneous equation model that treats self-esteem, educational attainment, and re...
متن کاملInternational Trade and Polarization in the Labor Market
The paper builds an argument that international trade can be an explanation behind polarization of employment in the labor market observed in developed countries such as U.K. and U.S. It considers a small open economy, having production sectors which use three types of labor: high-skill, middle-skill and low-skill. The economy faces an increase in the relative price of the high-skill intensive ...
متن کاملSkill Biased Technical Change Polarization of the Labor Market and Wage Inequality
Shifts in the aggregate production function have long been studied by economists. Solow (1957) first classified these shifts as technical changes that can encompass slowdowns, speedups or improvements in the education of the labor force. Solow showed that these technical changes were factor-neutral from 1909-1949. Shifts in the production function are neutral if they leave the marginal rate of ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2015