Job Polarization and Structural Change - Sciences Po Access content directly
Journal Articles American Economic Journal: Macroeconomics Year : 2018

Job Polarization and Structural Change

Abstract

We document that job polarization—contrary to the consensus—has started as early as the 1950s in the United States: 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 50 years.
Fichier principal
Vignette du fichier
2018-barany-et-siegel-job-polarization-and-structural-change.pdf (860.47 Ko) Télécharger le fichier
Origin : Explicit agreement for this submission

Dates and versions

hal-03391941 , version 1 (21-10-2021)

Identifiers

Cite

Zsofia Barany, Christian Siegel. Job Polarization and Structural Change. American Economic Journal: Macroeconomics, 2018, 10 (1), pp.57 - 89. ⟨10.1257/mac.20150258⟩. ⟨hal-03391941⟩
115 View
45 Download

Altmetric

Share

Gmail Facebook X LinkedIn More