Journal ArticleDOI
Linear Synthesis of Skill Distribution.
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In this paper, a method for linearly combining skill classes so that the number of classes required to describe a skill distribution is minimized is presented, based on the assumption that skill distributions may have redundant classes and if so, the wage of laborers in the redundant classes will be linear combinations of wages in other classes.Abstract:
This paper provides a method for linearly combining skill classes so that the number of classes required to describe a skill distribution is minimized The principal analytical device is that of distinguishing between skill classes and the characteristics of persons in a class The distinction suggests that skill distributions may have redundant classes and, if so, the wage of laborers in the redundant classes will be linear combinations of wages in other classes On this premise, the structure of wages by years of school completed is examined across states, showing that for the eight Census schooling classes, wages in three (1-4, 12, and 16 or more years of schooling) account for 99+ percent of the variation in the five remaining Based on this evidence, it is argued that the schooling distribution can be approximated using three classes onlyread more
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Book ChapterDOI
Changes in the Wage Structure and Earnings Inequality
Lawrence F. Katz,David H. Autor +1 more
TL;DR: In this article, the authors present a framework for understanding changes in the wage structure and overall earnings inequality, emphasizing the role of supply and demand factors and the interaction of market forces and labor market institutions.
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Computing Inequality: Have Computers Changed the Labor Market?
TL;DR: The authors examined the effect of technological change and other factors on the relative demand for workers with different education levels and on the recent growth of U.S. educational wage differentials and found that the increase in demand shifts for more-skilled workers in the 1970s and 1980s relative to the 1960s is entirely accounted for by an increase in within- industry changes in skill utilization rather than between-industry employment shifts.
ReportDOI
Computing Inequality: Have Computers Changed the Labor Market?
TL;DR: This paper examined the effect of skill-biased technological change as measured by computerization on the recent widening of U.S. educational wage differentials and found that the rate of skill upgrading has been greater in more computer-intensive industries.
Posted Content
U.S. Earnings Levels and Earnings Inequality: A Review of Recent Trends and Proposed Explanations
Richard J. Murnane,Frank Levy +1 more
TL;DR: In this paper, the authors studied the U.S. earning trends since 1950 and gave explanations for the inequality in earnings and found that both slow growth and increased inequality appeared in the comparison of adult male earnings distributions for 1979 and 1987.
Journal ArticleDOI
The Career Decisions of Young Men
Michael Keane,Kenneth I. Wolpin +1 more
TL;DR: The authors provided structural estimates of a dynamic model of schooling, work, and occupational choice decisions based on 11 years of observations on a sample of young men from the 1979 youth cohort of the National Longitudinal Surveys of Labor Market Experience (NLSY).
References
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Book ChapterDOI
A New Approach to Consumer Theory
TL;DR: In this article, the authors extend activity analysis into consumption theory and assume that goods possess, or give rise to, multiple characteristics in fixed proportions and that it is these characteristics, not goods themselves, on which the consumer's preferences are exercised.
Journal ArticleDOI
Introduction to a Theory of the Internal Structure of Functional Relationships
Journal ArticleDOI
A note on the interrelation of subsets of independent variables of a continuous function with continuous first derivatives
TL;DR: In this article, a subset S of independent variables is locally functionally separable at a point (ai, a2, • • •, an) within the set X in y~f{X) if there exist some function with continuous first derivatives and defined in some neighborhood of (#i, a 2, •• •, av).