SPILLOVERS FROM HIGH-SKILL CONSUMPTION TO LOW-SKILL LABOR MARKETS

成果类型:
Article
署名作者:
Mazzolari, Francesca; Ragusa, Giuseppe
署名单位:
Luiss Guido Carli University
刊物名称:
REVIEW OF ECONOMICS AND STATISTICS
ISSN/ISSBN:
0034-6535
DOI:
10.1162/REST_a_00234
发表日期:
2013-03
页码:
74-86
关键词:
wage inequality technological-change technical change UNITED-STATES demand polarization allocation regression 1980S work
摘要:
The least-skilled workforce in the United States is disproportionally employed in the provision of time-intensive services that can be thought of as market substitutes for home production activities. At the same time, skilled workers, with their high opportunity cost of time, spend a larger fraction of their budget in these services. Given the skill asymmetry between consumers and providers in this market, product demand shifts-such as those arising when relative skilled wages increase-should boost relative labor demand for the least-skilled workforce. We estimate that this channel may explain one-third of the growth of employment of noncollege workers in low-skill services in the 1990s.
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