Tag: Wage
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.
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.
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.
Productivity raises wages more in wealthier countries
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in EconometricsExplore how productivity gains translate differently to wages across income levels. Study reveals threshold effects showing wealthier nations have stronger wage-productivity links than.
Household complexity affects wage-based living standard estimates
Analysis of household complexity effects on material standard of living estimates based on male wages across historical populations with varying family structures.
Review of labor market monopsony book covers policy topics
Comprehensive analysis of monopsony power in labor markets examining wage-fixing agreements, noncompete clauses, mergers, and discrimination through law and economics frameworks.
Network-based model links supply chain structure to prices and wages
General equilibrium model of global supply chains structured as directed acyclic graphs, explaining how network topology determines prices, wages, and specialization endogenously.
