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• W3186640633 startingPage "102034" @default.
• W3186640633 abstract "In this paper, we study the development and underlying drivers of skill premiums in Germany between 1980 and 2008. We show that the significant increase in the medium-to-low skill premium since the late 1980s was almost exclusively concentrated among workers aged 30 or below. Using a nested CES production function framework which allows for imperfect substitutability between young and old workers, we show that changes in relative labor supplies can explain these patterns very well. A cohort-level analysis reveals that distinct secular changes in the educational attainment of the native population are the primary source of the declining relative supply of medium-skilled workers in Germany. Low-skilled immigration, in contrast, only plays a secondary role in explaining the rising lower-end wage inequality in Germany over recent decades." @default.
• W3186640633 created "2021-08-02" @default.
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• W3186640633 date "2021-10-01" @default.
• W3186640633 modified "2023-10-01" @default.
• W3186640633 title "Skill Premiums and the Supply of Young Workers in Germany" @default.
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• W3186640633 doi "https://doi.org/10.1016/j.labeco.2021.102034" @default.
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