The Race between Technology and Woman: Changes in Relative Wages and Labor Shares in OECD Countries
Fuente:
arXiv
Guardado en:
| Autores principales: | , |
|---|---|
| Formato: | Preprint |
| Publicado: |
2020
|
| Materias: | |
| Acceso en línea: | |
| Etiquetas: |
Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
| _version_ | 1866909868403720192 |
|---|---|
| author | Taniguchi, Hiroya Yamada, Ken |
| author_facet | Taniguchi, Hiroya Yamada, Ken |
| contents | 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. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2005_12600 |
| institution | arXiv |
| publishDate | 2020 |
| record_format | arxiv |
| spellingShingle | The Race between Technology and Woman: Changes in Relative Wages and Labor Shares in OECD Countries Taniguchi, Hiroya Yamada, Ken General Economics Economics 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. |
| title | The Race between Technology and Woman: Changes in Relative Wages and Labor Shares in OECD Countries |
| topic | General Economics Economics |
| url | https://arxiv.org/abs/2005.12600 |