| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP2786
|
| DP2786 Foreign Direct Investment and Exports with Growing Demand |
| Rafael Rob; Nikolaos Vettas
|
| 发表日期 | 2001-05-29
|
| 出版年 | 2001
|
| 语种 | 英语
|
| 摘要 | This Paper describes the changes in the composition of the labour force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high education workers by using US and French microdata. The consequences of this substitution on the wage structure are then investigated. In the US, labour supply changes can explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 and 2000, between 8% and 20% depending on the specification. These results rely on panel estimates of a useful concept: the elasticity of substitution between experience and education, which is found to be less than half. In France, the covariations of prices and the supply of skills are consistent with a pure labour supply explanation. Methodologically, the Paper shows that the use of a stock measure of efficient units of skills is better than flow measures (e.g. cohort size). It also allows analysis of the consequences of rising female labour participation. |
| 主题 | Labour Economics
|
| 关键词 | Wage inequality
Education
Experience
Labour supply
|
| URL | https://cepr.org/publications/dp2786
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531845
|
推荐引用方式
GB/T 7714 |
Rafael Rob,Nikolaos Vettas. DP2786 Foreign Direct Investment and Exports with Growing Demand. 2001.
|
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