| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2803 |
| DP2803 First- and Second-Generation Migrants in Germany - What Do We Know and What Do People Think | |
| Christoph Schmidt; Michael Fertig | |
| 发表日期 | 2001-05-29 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This Paper provides an interpretation for the recent rise in residual wage inequality which is consistent with the empirical observation that a sizeable part of this increase has a transitory nature, a feature that eludes standard models based on ex-ante heterogeneity in ability. In the model an acceleration in the rate of quality-improvement of equipment, like the one observed from the early 70's, reduces workers? capacity to transfer skills from old to new machines. This force generates a rise in the cross-sectional variance of skills, and therefore of wages. Through calibration, the Paper shows that this mechanism can account for 30% of the surge in residual inequality in the US economy (or for most of its transitory component). Two key implications of the theory - faster within job wage growth and larger wage losses upon displacement - find empirical support in the data. |
| 主题 | Labour Economics ; Public Economics |
| 关键词 | Wage inequality Skill transferability Technological acceleration Earnings instability Wage loss upon displacement |
| URL | https://cepr.org/publications/dp2803 |
| 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/531862 |
| 推荐引用方式 GB/T 7714 | Christoph Schmidt,Michael Fertig. DP2803 First- and Second-Generation Migrants in Germany - What Do We Know and What Do People Think. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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