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Essays on the Economics of Wage Inequality

Download or Read eBook Essays on the Economics of Wage Inequality PDF written by Ian Tomb and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle.
Essays on the Economics of Wage Inequality
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Book Synopsis Essays on the Economics of Wage Inequality by : Ian Tomb

Book excerpt: In this dissertation I examine changes in wage inequality in two chapters. In the first chapter, I examine the slowdown in the relative demand for college-educated labor in the U.S. since the early 1980s. A large literature suggests that this puzzling slowdown is primarily the result of non-monotone changes in the demand for skill, particularly since the mid-1990s, induced by the introduction of computers to the labor market. In these two essays, I develop a complementary result: I show that roughly 10-60% of the gap in the annual growth rates of the relative demand for college-educated workers between the 1963-1982 and 1982-2008 periods can be closed by adjusting for shifts in supply and demand within schooling groups; however, a slowdown in relative demand growth beginning in 1993, well-documented in the literature and potentially-related to recent technological changes, remains pronounced across all specifications.


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