Tag: Labor market dynamics and wage inequality
AI widens wage gaps between high- and low-skill workers
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Calibrated simulation model shows AI consistently widens wage gaps between high- and low-skill workers, with AI taxation proving more effective than training subsidies at reducing inequality.
Task content explains most within-occupation inequality growth
General equilibrium model shows task content changes within occupations drove most of the within-occupation wage inequality growth from 1980 to 2000.
Education and discrimination explain much of the U.S. gender wage gap
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Review of gender wage gap drivers in the U.S., examining statistical discrimination, human capital models, and occupational segregation as explanations for persistent income inequality.
Automation lowers rents and widens inequality less within groups
Automation targets high-wage jobs, dissipates worker rents, and offsets productivity gains. Analysis of U.S. data shows automation explains half of wage inequality growth since 1980.
Inflation can increase job switching and vacancies
Model explaining how nominal wage stickiness causes workers to switch jobs during inflation, creating paradox of high vacancies with lower real wages.
Strikes and lockouts reduced applications to Danish public service programs
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Study analyzes how labor strikes and lockouts in Denmark’s public sector deter applications to nursing and teacher education programs using synthetic control methods.
Noncompete clauses are linked to lower mobility and wages
Economic analysis of noncompete clauses, examining whether they protect firm investments or reduce worker mobility, wages, and innovation through widespread use.
Tenure shows limited wage gains in South Korea
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Analysis of 20 years of Korean labor data reveals nonlinear wage returns to tenure, with sector-specific skills driving growth more than occupation experience.
Trade and migration frictions affect unemployment in opposite ways
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Study comparing how international trade and sectoral allocation frictions differentially affect employment reallocation and unemployment, emphasizing firm productivity sorting mechanisms.
Employers rate non-employed applicants by reason for absence
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Study reveals how employment gaps affect hiring decisions. Training breaks boost prospects, while discouragement stigma severely harms candidacy. Employer perceptions vary by gap reason.
