Occupation Growth, Skill Prices, and Wage Inequality

• 成果类型: Article
• 署名作者: Boehm, Michael J.; von Gaudecker, Hans-Martin; Schran, Felix
• 署名单位: Dortmund University of Technology; IZA Institute Labor Economics; University of Bonn
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/722084
• 发表日期: 2024
• 页码: 201-243
• 关键词: technological-change; growing importance; polarization; mobility; tasks; jobs

摘要

We study the relationship among occupational employment, occupational wages, and wage inequality. In all occupations, entrants and leavers earn less than stayers, suggesting negative selection effects for growing occupations and positive effects for shrinking ones. We estimate a model of occupational prices and skills that includes specific skill accumulation and endogenous switching. Contrary to uncorrected wages, prices and employment growth are positively related. Forty percent of selection is due to age, as entrants and leavers have had less time to accumulate skills. The remainder is Roy-type selection. Skill prices establish a quantitative connection of occupational changes with surging wage inequality.