Matches in SemOpenAlex for { <https://semopenalex.org/work/W1521245103> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W1521245103 abstract "The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European countries and especially Japan drastically improved their global innovation and patenting activity. Is foreign technological convergence an important source of the recent evolution of the US wage and employment structure? Can it contribute shaping the dynamics of wealth-to-income ratio? To answer these questions, we set up a Schumpeterian model of endogenous technological progress with two asymmetric countries, heterogeneous workers, and endogenous skill formation. High ability people acquire education and become skilled, those with intermediate abilities work as unskilled workers in production jobs, and those at the bottom of the ability distribution work in service occupations. Service workers provide personal services allowing their employers to save working time. In equilibrium, only skilled workers buy personal services. Fiercer foreign competition triggered by technological catching up shifts production jobs abroad and forces domestic firms to innovate more. Hence, the employment share of production workers shrinks, while the demand for both high skilled and service sector workers rises, thus increasing polarization. Calibrating the model to match key facts of the US economy, we find that foreign technological catching-up observed between the late 1970s and early 1990s reproduces a non-negligible part of US wage polarization and substantial part of the increase in the wealth-to-income ratio in that period." @default.
- W1521245103 created "2016-06-24" @default.
- W1521245103 creator A5078389550 @default.
- W1521245103 creator A5085805525 @default.
- W1521245103 date "2014-01-01" @default.
- W1521245103 modified "2023-09-27" @default.
- W1521245103 title "Globalization, Wage Polarization, and the Unstable Great Ratio" @default.
- W1521245103 hasPublicationYear "2014" @default.
- W1521245103 type Work @default.
- W1521245103 sameAs 1521245103 @default.
- W1521245103 citedByCount "0" @default.
- W1521245103 crossrefType "posted-content" @default.
- W1521245103 hasAuthorship W1521245103A5078389550 @default.
- W1521245103 hasAuthorship W1521245103A5085805525 @default.
- W1521245103 hasConcept C110121322 @default.
- W1521245103 hasConcept C134306372 @default.
- W1521245103 hasConcept C136264566 @default.
- W1521245103 hasConcept C137996800 @default.
- W1521245103 hasConcept C139719470 @default.
- W1521245103 hasConcept C145236788 @default.
- W1521245103 hasConcept C147789679 @default.
- W1521245103 hasConcept C162324750 @default.
- W1521245103 hasConcept C185592680 @default.
- W1521245103 hasConcept C205049153 @default.
- W1521245103 hasConcept C2119116 @default.
- W1521245103 hasConcept C2777388388 @default.
- W1521245103 hasConcept C33923547 @default.
- W1521245103 hasConcept C34447519 @default.
- W1521245103 hasConcept C43246008 @default.
- W1521245103 hasConcept C45555294 @default.
- W1521245103 hasConceptScore W1521245103C110121322 @default.
- W1521245103 hasConceptScore W1521245103C134306372 @default.
- W1521245103 hasConceptScore W1521245103C136264566 @default.
- W1521245103 hasConceptScore W1521245103C137996800 @default.
- W1521245103 hasConceptScore W1521245103C139719470 @default.
- W1521245103 hasConceptScore W1521245103C145236788 @default.
- W1521245103 hasConceptScore W1521245103C147789679 @default.
- W1521245103 hasConceptScore W1521245103C162324750 @default.
- W1521245103 hasConceptScore W1521245103C185592680 @default.
- W1521245103 hasConceptScore W1521245103C205049153 @default.
- W1521245103 hasConceptScore W1521245103C2119116 @default.
- W1521245103 hasConceptScore W1521245103C2777388388 @default.
- W1521245103 hasConceptScore W1521245103C33923547 @default.
- W1521245103 hasConceptScore W1521245103C34447519 @default.
- W1521245103 hasConceptScore W1521245103C43246008 @default.
- W1521245103 hasConceptScore W1521245103C45555294 @default.
- W1521245103 hasLocation W15212451031 @default.
- W1521245103 hasOpenAccess W1521245103 @default.
- W1521245103 hasPrimaryLocation W15212451031 @default.
- W1521245103 hasRelatedWork W1538877584 @default.
- W1521245103 hasRelatedWork W1551977466 @default.
- W1521245103 hasRelatedWork W1890336672 @default.
- W1521245103 hasRelatedWork W2094375803 @default.
- W1521245103 hasRelatedWork W2108220464 @default.
- W1521245103 hasRelatedWork W2229729405 @default.
- W1521245103 hasRelatedWork W276695899 @default.
- W1521245103 hasRelatedWork W2802569416 @default.
- W1521245103 hasRelatedWork W2889552172 @default.
- W1521245103 hasRelatedWork W2905484346 @default.
- W1521245103 hasRelatedWork W2966938037 @default.
- W1521245103 hasRelatedWork W3098654389 @default.
- W1521245103 hasRelatedWork W3122164259 @default.
- W1521245103 hasRelatedWork W3123425172 @default.
- W1521245103 hasRelatedWork W3123623055 @default.
- W1521245103 hasRelatedWork W3124346197 @default.
- W1521245103 hasRelatedWork W3124649257 @default.
- W1521245103 hasRelatedWork W3125343103 @default.
- W1521245103 hasRelatedWork W3195182277 @default.
- W1521245103 hasRelatedWork W98474412 @default.
- W1521245103 isParatext "false" @default.
- W1521245103 isRetracted "false" @default.
- W1521245103 magId "1521245103" @default.
- W1521245103 workType "article" @default.