The Race between Technology and Woman: Changes in Relative Wages and Labor Shares in OECD Countries

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Tác giả: Hiroya Taniguchi, Ken Yamada

Ngôn ngữ: eng

Ký hiệu phân loại: 261.83443 Christianity and socioeconomic problems

Thông tin xuất bản: 2020

Mô tả vật lý:

Bộ sưu tập: Báo, Tạp chí

ID: 164534

The era of technological change entails complex patterns of changes in wages and employment. We develop a unified framework to evaluate the effects of capital-embodied technological change on, as well as the contributions of factor inputs to, the relative wages and income shares of different types of labor. We obtain the aggregate elasticities of substitution among different types of capital and labor by estimating and aggregating sectoral production function parameters with cross-country cross-industry panel data from OECD countries. We show that advances in information, communication, and computation technologies contribute significantly to narrowing the gender wage gap, widening the skill wage gap, and declining labor shares.
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