Download or read book Wage Dispersion in the 1980 s written by Mr.Alun H. Thomas and published by International Monetary Fund. This book was released on 1995-09-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper finds that changes in durable manufacturing employment and investment in computer equipment can explain rising wage dispersion in the United States, measured in terms of the education premium. Reduced employment opportunities in durables production drive down the average wage for workers with only a high school education, thereby increasing the wage premium for college education. An innovation in this paper is the inclusion of investment in equipment as a proxy for skill-biased technical change. The rise in the technical skill premium could alone explain all of the rise in the college premium since 1979 were there no offsetting effects. This is a Paper on Policy Analysis and Assessment and the author(s) would welcome any comments on the present text Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the author(s) and the date of issuance. The views expressed are those of the author(s) and do not necessarily represent those of the Fund.

Download or read book Wage Dispersion written by Dale Mortensen and published by MIT Press. This book was released on 2003 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical and empirical examination of wage differentials findsthat traditional theories of competition do not explain why workers with identical skills are paid differently.

Download or read book The Structure of Wages written by Edward P. Lazear and published by University of Chicago Press. This book was released on 2009-05-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.

Download or read book Wage Inequality in the U S During the 1980s written by David S. Lee and published by . This book was released on 1999 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inequality Growth and Poverty in an Era of Liberalization and Globalization written by Giovanni Andrea Cornia and published by OUP Oxford. This book was released on 2004-03-18 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within-country income inequality has risen since the early 1980s in most of the OECD, all transitional, and many developing countries. More recently, inequality has risen also in India and nations affected by the Asian crisis. Altogether, over the last twenty years, inequality worsened in 70 per cent of the 73 countries analysed in this volume, with the Gini index rising by over five points in half of them. In several cases, the Gini index follows a U-shaped pattern, with the turn-around point located between the late 1970s and early 1990s. Where the shift towards liberalization and globalization was concluded, the right arm of the U stabilized at the 'steady state level of inequality' typical of the new policy regime, as observed in the UK after 1990. Mainstream theory focusing on rises in wage differentials by skill caused by either North-South trade, migration, or technological change poorly explains the recent rise in income inequality. Likewise, while the traditional causes of income polarization-high land concentration, unequal access to education, the urban bias, the 'curse of natural resources'-still account for much of cross-country variation in income inequality, they cannot explain its recent rise. This volume suggests that the recent rise in income inequality was caused to a considerable extent by a policy-driven worsening in factorial income distribution, wage spread and spatial inequality. In this regard, the volume discusses the distributive impact of reforms in trade and financial liberalization, taxation, public expenditure, safety nets, and labour markets. The volume thus represents one of the first attempts to analyse systematically the relation between policy changes inspired by liberalization and globalization and income inequality. It suggests that capital account liberalization appears to have had-on average-the strongest disequalizing effect, followed by domestic financial liberalization, labour market deregulation, and tax reform. Trade liberalization had unclear effects, while public expenditure reform often had positive effects.

Download or read book Changing Patterns in the Distribution of Economic Welfare written by Peter Gottschalk and published by Cambridge University Press. This book was released on 1997-09-29 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1997 book examines the income distributional experience of fifteen developed economies - representing a wide range of social and economic strategies - over the past two decades. Experts from each of the countries have carefully documented the pattern of distributional change in individual earnings and household income in their countries and analysed the driving forces behind these changes. Separate chapters are devoted to the experiences of Australia, Canada, the Czech Republic, Finland, France, West and former East Germany, Greece, Hungary, Ireland, Israel, Japan, the Netherlands, Sweden, the United Kingdom and the United States. The authors examine the effects on the inequality of household income of the development of individual earnings, unemployment, inflation, public sector transfers and taxes, and demographic changes.

Download or read book Women s Work and Wages written by Christina Jonung and published by Routledge. This book was released on 2002-09-11 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time when women in industrialized countries have a stronger and more permanent presence in the labour market than ever before, why does the gender pay gap differ so greatly between countries? The contributors to this book use empirical studies of gender differences in family responsibilities and time allocation to demonstrate how such differences affect women's wages and analyse pay structures and wage mobility throughout Europe.

Download or read book Differences and Changes in Wage Structures written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.

Download or read book North South Trade Employment and Inequality written by Adrian Wood and published by Clarendon Press. This book was released on 1994-02-17 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on three fields of economics (international, labour, and development), this study shows that expansion of North-South trade in manufactures has had a far greater impact on labour markets than earlier work suggested. In the South, unskilled workers have benefited most from this trade, but in the North, the gains have been concentrated on skilled labour, while unskilled workers have suffered falling wages and rising unemployment. This decline in the economic position of unskilled workers has increased inequality, and aggravated crime and other forms of social erosion, on both sides of the Atlantic. The failure of Northern governments to recognize that trade with the South has these adverse side-effects, and to take appropriate counter-measures, has fuelled the rise of protectionism - the worst possible response, which slows economic progress in both regions. The best solution for the longer term in the North is more investment in education, to raise the supply of skilled labour. However, the benefits of this investment will emerge slowly. During the next one or two decades, Professor Wood argues, other measures are also urgently needed to boost the demand for, and incomes of, unskilled workers.

Download or read book OECD Employment Outlook 1996 July written by OECD and published by OECD Publishing. This book was released on 1996-09-07 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Employment Outlook provides an annual assessment of labour market developments and prospects in Member countries. Each issue contains an overall analysis of the latest market trends and short-term forecasts, and examines key labour market developments. Reference statistics are included.

Download or read book Divided We Stand Why Inequality Keeps Rising written by OECD and published by OECD Publishing. This book was released on 2011-12-05 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines to which extent economic globalisation, skill-biased technological progress and institutional and regulatory reforms have had an impact on the distribution of earnings.

Download or read book Changes in the Distribution of Workers Hourly Wages Between 1979 And 2009 written by Nabeel Alsalam and published by DIANE Publishing. This book was released on 2011-06 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study documents changes in the level and distribution of hourly wages received by workers in the U.S. between 1979 and 2009. It also reviews the leading explanations for changes in the supply of, and demand for, workers with different sets of skills as well as the role of labor market institutions in affecting wages. Charts and tables. This is a print on demand edition of an important, hard-to-find publication.

Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1999-11-18 with total page 930 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern labor economics has continued to grow and develop since the first volumes of this Handbook were published. The subject matter of labor economics continues to have at its core an attempt to systematically find empirical analyses that are consistent with a systematic and parsimonious theoretical understanding of the diverse phenomenon that make up the labor market. As before, many of these analyses are provocative and controversial because they are so directly relevant to both public policy and private decision making. In many ways the modern development in the field of labor economics continues to set the standards for the best work in applied economics.This volume of the Handbook has a notable representation of authors - and topics of importance - from throughout the world.

Download or read book The Political Economy of Taiwan s Development into the 21st Century written by Gustav Ranis and published by Edward Elgar Publishing. This book was released on 1999-02-24 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: '. . . a welcome book, of particular use to graduate schools.' - A.J.H. Latham, Asia Pacific Business Review Over the past four decades, Taiwan has achieved remarkable economic growth. In this important book, a distinguished group of contributors employs a comparative perspective to explore the reasons behind and the lessons to be learned from Taiwan's success.

Download or read book Welfare Policy in Britain written by Rodney Lowe and published by Springer. This book was released on 2016-07-27 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The welfare state arouses controversy whether attention is focused on its recent past or future development. Leading experts in welfare history draw together the latest research in essays combining broad policy surveys and detailed case studies. The key questions are 'What is a welfare state?' and 'How can it best be analysed?'. The history of the British welfare state suggests that the traditional approach has been too narrow. Current policy should be informed by a greater sense of history.

Download or read book Free Trade within North America Expanding Trade for Prosperity written by Gerald P. O'Driscoll and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: s countries around the globe were rediscovering political freedom, speakers at the Federal Reserve Bank of Dallas' fourth annual South A west Conference called for greater economic freedom-free trade in markets free of artificial barriers and misguided regulations, free trade through out a continent (perhaps a hemisphere) that has discarded unnecessary restraints and is poised to emerge as a preeminent competitive force in the 21st century. The Dallas Fed conference, titled "Beyond the Border: Expanding Trade for Prosperity" and held October 24-25, 1992, brought together several hundred participants interested in the possibility of free trade throughout North America and beyond. "How far south can we go?" conference speaker Javier Murcio asked. His answer: "As far as economic reform takes hold. " Around the globe, countries were becoming engulfed in what Henry an "absolute prairie fIre of democracy. " And one of the fIrst Cisneros called places many nations were attempting to exercise this new-found political freedom was in the marketplace. As Richard Fisher put it: " . . . market capitalism is a universally accepted dogma. " "This world . . . is becoming one interdependent marketplace. State and national boundaries have become meaningless. No longer are there such things as domestic or foreign fIrms. Decisionmakers can be anywhere they wish to be because computerization and telecommunications allow people to be every where at once," Fisher said.

Download or read book OECD Economic Surveys Australia 1997 written by OECD and published by OECD Publishing. This book was released on 1997-01-17 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2007 edition of OECD's periodic eonomic reviews of Australia includes chapters covering recent trends and short-term prospects, monetary and fiscal policy, implementing the OECD Jobs Strategy, and education and training.