Skill-biased technica1 change, educational choice、and labor market polarizatjon:the U. S. versus Europe
Skill-biased technica1 change, educational choice、and labor market polarizatjon:the U. S. versus Europe
复制标题
技能偏向的技术变革、教育选择和劳动力市场两极分化:美国与欧洲
DOI:
10.1007/s10888-012-9223-6
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发表时间:
2013
期刊:
影响因子:
--
通讯作者:
Ryosuk Okazawa
中科院分区:
文献类型:
--
作者:
Ken Yamamoto;Yoshihiro Yamazaki;吉原大輔;澤村美幸;吉原大輔;吉原大輔;澤村美幸;吉原大輔;澤村美幸;吉原大輔;澤村美幸;吉原大輔;澤村美幸(供著);Ryosuk Okazawa
This paper analyzes the effect of recent technical change on the labor market and explains the observed differences in wage inequality among advanced countries. In particular, we focus on the difference between the inequality in the U.S. and in continental Europe. Many studies have indicated a rise in wage inequality in the U.S. over the past three decades. On the other hand, there has been little change in wage inequality in continental Europe. By introducing human capital investment into the model by Acemoglu (Am Econ Rev 89:1259–1278, 1999), we show thatex antehomogeneous economies would have distinctex postwage distribution. The strategic complementarity between human capital investment and firms’ hiring strategies yields the possibility that multiple equilibria exist, which explains the difference in wage distribution between the U.S. and Europe. In addition, we show that differences in tax or education systems can explain the difference in wage distribution between the U.S. and Europe.