Journal ArticleDOI
Skills Mismatch in the Labor Market
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This paper found that the work-related skills of the labor force do not match the requirements of jobs and that this explains a large part of the growth of wage inequality in the United States in the past 20 years.Abstract:
▪ Abstract Researchers across a wide range of fields, policy makers, and large segments of the public believe that the work-related skills of the labor force do not match the requirements of jobs and that this explains a large part of the growth of wage inequality in the United States in the past 20 years. Opinions are divided on whether the trend is driven by workforce developments, such as an absolute decline or declining growth of human capital due to changes in educational attainment or test scores, or employer-side changes, such as accelerating growth of job skill requirements due to the spread of computers and employee involvement techniques. Some believe the problem has grown worse over time. However, the evidence is often more ambiguous and fragmentary than recognized, and the argument overlooks the roles of institutional changes and management's policies toward labor in workers' changing fortunes. Evidence suggests that the growth in educational attainment has decelerated, cognitive skill levels ...read more
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The Knowledge Economy
Walter W. Powell,Kaisa Snellman +1 more
TL;DR: In this paper, the authors define the knowledge economy as production and services based on knowledge intensive activities that contribute to an accelerated pace of technical and scientific advance, as well as rapid obsolescence, and assess the distributional consequences of a knowledge-based economy with respect to growing inequality in wages and high-quality jobs.
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Incarceration and Stratification
Sara Wakefield,Christopher Uggen +1 more
TL;DR: In the past three decades, incarceration has become an increasingly powerful force for reproducing and reinforcing social inequalities as discussed by the authors, and a new wave of sociological research details the contemporary experiment with mass incarceration in the United States and its attendant effects on social stratification.
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Educational mismatch, wages, and wage growth: Overeducation in Sweden, 1974-2000
Tomas Korpi,Michael Tåhlin +1 more
TL;DR: This paper examined the impact of educational mismatch on wages and wage growth in Sweden and found no evidence that the rate of wage growth is higher among overeducated workers than others, even after taking into account differences in ability into account.
Journal ArticleDOI
Education and its Discontents: Overqualification in America, 1972–2002
TL;DR: The authors found that workers who have more educational attainments than needed for their jobs will be less satisfied with their jobs, be more politically liberal, and be less likely to endorse an effort-based achievement ideology.
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Editors’ Introduction: The Effects of New Work Practices on Workers
TL;DR: In this article, the authors examined the effects of involvement and related programs on employees and found that many programs have no effect on wages, while on average, the effect is a small increase in wages after companies introduce new work systems with higher employee involvement.
References
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A nation at risk: the imperative for educational reform
TL;DR: Because of the extraordinary clarity and importance of the Commission's Report, the editors of the Communica t ions decided to reprint the Report's main section in its entirety and present it to you here.
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Labor and Monopoly Capital
TL;DR: In this paper, the structure of the working class and the manner in which it had changed in the United States were investigated. But the details of this process, especially its historical turning points and the shape of the new employment that was taking the place of the old, were not clear to me, and since these things had not yet been clarified in any comprehensive fashion, there was a need for a more substantial historical description and analysis of the process of occupational change than had yet been presented in print.
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The validity and utility of selection methods in personnel psychology: Practical and theoretical implications of 85 years of research findings.
Frank L. Schmidt,John E. Hunter +1 more
TL;DR: In this paper, the authors summarized the practical and theoretical implications of 85 years of research in personnel selection and concluded that the most important property of a personnel assessment method is predictive validity: the ability to predict future job performance, job related learning (such as amount of learning in training and development programs), and other criteria.
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Changes in Relative Wages, 1963–1987: Supply and Demand Factors
Lawrence F. Katz,Kevin M. Murphy +1 more
TL;DR: A simple supply and demand framework is used to analyze changes in the U.S. wage structure from 1963 to 1987 as discussed by the authors, showing that rapid secular growth in the demand for more-educated workers, "more-skilled" workers, and females appears to be the driving force behind observed changes in wage structure.