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- W2106098458 abstract "Regression analyses of earnings inequality across 282 metropolitan areas in the US generally failed to provide strong support for either the structuralist model or human capital theory. The human captial model posits that the productivity of labor is essentially lodged within individual workers and that these workers can augment their productivity by increasing their educational training and labor market experience. In emphasizing the individual as the primary unit of analysis the human capital view predicts that at the aggregate level greater inequality in human capital generates greater inequality in earning. Structuralist models of earnings inequality on the other hand focus on institutional variables such as the structure of job positions. 3 regression models were used in this analysis: 1) only the job segment variables as independent variables; 2) only the percent black percent female and human captial variables as independent variables; and 3) all of these variables were included. The same sets of independent variables were found to yield significantly varying results depending on whether the dependent variable was the variance of logarithms or the coefficient of variation. When earnings inequality was measured as variance of logarithms the only significant job segment variable was the percent employed as agricultural workers. In the full model low and high skilled workers in agriculture managers in small shops and low skilled workers in oligopoly and core had statistically significant effects. Overall the results suggest that there are net effects of variables not clear that these results provide much support for the human captial view. These mixed results suggest a need for a more complex model that considers the interactions between human capital and structural variables." @default.
- W2106098458 created "2016-06-24" @default.
- W2106098458 creator A5017892531 @default.
- W2106098458 date "1988-09-01" @default.
- W2106098458 modified "2023-10-06" @default.
- W2106098458 title "Labor Market Structure, Human Capital, and Earnings Inequality in Metropolitan Areas" @default.
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- W2106098458 doi "https://doi.org/10.1093/sf/67.1.86" @default.
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