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1 juillet 2015
- ISIDORE Id: 10670/1.2b22f3...
- hal: hal-03459777
- SCIENCESPO: 2441/30j1vvprab87kpl0hore4b2sv1
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info:eu-repo/semantics/altIdentifier/hdl/2441/30j1vvprab87kpl0hore4b2sv1
info:eu-repo/semantics/OpenAccess
Mots-clés
Job Polarization Structural Change Roy model Job Polarization E - Macroeconomics and Monetary Economics/E.E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy/E.E2.E24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J22 - Time Allocation and Labor Supply O - Economic Development, Innovation, Technological Change, and Growth/O.O4 - Economic Growth and Aggregate Productivity/O.O4.O41 - One, Two, and Multisector Growth ModelsCiter ce document
Zsofia Barany et al., « Job Polarization and Structural Change », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.2b22f3...
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Résumé
We document that job polarization – contrary to the consensus – has started as early as the 1950s in the US: middle-wage workers have been losing both in terms of employment and average wage growth compared to low- and high-wage workers. Given that polarization is a long-run phenomenon and closely linked to the shift from manufacturing to services, we propose a structural change driven explanation, where we explicitly model the sectoral choice of workers. Our simple model does remarkably well not only in matching the evolution of sectoral employment, but also of relative wages over the past fifty years.
