We revisit the relationship between cognitive skills and wage inequality and, contrary to most previous research, find that skills do play an important role indoi:10.2139/ssrn.2655613Broecke, StijnQuintini, GlendaVandeweyer, MariekeSocial Science Electronic Publishing...
The second problem is with the motivation of the ... H Park - 《Korean Journal of Industrial Relations》 被引量: 0发表: 2018年 The explosion in U.S. wealth inequality has been fuelled bystagnant wages, increasing debt, and a collapse in assetvalues for the middle classes. Income and ...
Book Review: Labor Economics: Wage Dispersion: Why are Similar Workers Paid Differently?The income distribution theory inherent in the linear programming assignment problem is analyzed. In a context in which workers are assigned to machines... Michael,Sattinger - 《Industrial & Labor Relations Review...
Why is a higher minimum wage more popular than a UBI, when most mainstream economists would argue that the minimum wage produces more deadweight loss? Why might a worker's wage be above the level that balances supply and demand? Explain why an increase in the wage rate for autoworkers ...
“Explanations exist; they have existed for all time; there is always a well-known solution to every human problem–neat, plausible, and wrong.” H. L. Mencken From “The Divine Afflatus”, section IV in Prejudices : Second Series
The result is rather mixed. Although the minimum wage effectively reduces wage inequality among workers in formal sectors, it does not affect the wage ... A Leckcivilize 被引量: 0发表: 2013年 Minimal disruption Discusses the reactions of British employers to the minimum wage legislation in 1999...
LEVITT: One key root of this problem is that there are greedy jobs, and so it’s not easy for the one who’s on the greedy job path to take that parental leave. So, it almost seems like the real solution is to get rid of these greedy jobs. Do you see that as a possibility?
If the problem were that obvious, it would be less amorphous, less indecipherable, less of a head-scratcher.The name of the problem is economic inequality, and it’s been on the rise for decades. It’s at the heart of the squeeze, and it’s a sign that something important is broken:...
inequality are eroding median wage growth, and the rapidly rising costs of housing and education exert a dampening effect on consumer purchasing power. It appears increasingly difficult to make up for weak consumer spending via higher investment, as that very investment is influenced first and ...
Richard Dobbs: I’d like to draw out a couple of drivers here that are important. The reason these are important is not just that they worked in the past. We think that as we look at this problem going forward, unless we get the step change in terms of policy, these are going to ...