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Jack Lew: More of the Same at TreasuryDean Baker
Caixin Online, January 17, 2013
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Manufacturers Were Too Dumb to Listen to Experts About How the "Fiscal Cliff" Was Damaging the EconomyDean Baker / January 18, 2013
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Union Membership, 2012John Schmitt and Janelle Jones / January 17, 2013
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UN’s Muñoz Misses the PointCEPR / January 17, 2013
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Japan's Weak Economic Growth Could be Due to Failed Macroeconomic PolicyDean Baker / January 17, 2013
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The Demographic Crisis Ain't What It's Cracked Up to Be: Thomas Edsall EditionDean Baker / January 17, 2013
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Union Membership Byte 2013John Schmitt, Janelle Jones and / January 17, 2013
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Latin America and the Caribbean
The Guardian vs. the Conventional Wisdom on VenezuelaAlexander Main / January 16, 2013
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Fiscal Cliff Fantasies # 2134: Retail Sales Were Up 0.5 Percent in DecemberDean Baker / January 16, 2013
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Business and Republicans: Appearances Are Not Necessarily RealityDean Baker / January 16, 2013
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Latin America and the Caribbean
NPR Examines One Side of Honduran “Model Cities” DebateDan Beeton / January 15, 2013
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Occupation Employment Trends and Wage Inequality: What the Long View Tells UsThis post is the third in a short series that assesses the role of technological change and job polarization in wage inequality trends.
The discussion of job polarization—the expansion of high and low-wage occupations while middle-wage occupations decline—and its role in driving wage inequality would benefit from a longer examination of occupational change and technology’s impact.
“Occupational upgrading” has been going on for 60 years or more. By occupational upgrading, we mean the erosion of employment in blue-collar and, more recently, pink-collar (administrative/clerical) occupations and the corresponding employment expansion of high wage, professional and managerial white-collar occupations. The share of employment in low-wage, service occupations (food preparation, janitorial/cleaning services, personal care and services) has actually been relatively stable for many decades and remained a small—roughly 15 percent—share of total employment.
The bottom line for the discussion of the role that technologically-driven occupation trends have played in generating wage inequality is that occupational upgrading has been occurring for decades, through periods of both rising and falling wage inequality and through both rising and falling median real wage growth. In our view, this makes occupational employment shifts a poor candidate for explaining the rise in wage inequality since 1979.
In our forthcoming paper, John Schmitt, Heidi Shierholz and I document these employment trends using data over the 1959 to 2007 period drawn from a Daron Acemoglu and David Autor (2011) paper and supplemented by our analysis of Current Population Survey data from 1979 onwards. These data are based on occupation shares of total employment but the trends are the same if one examines shares of total hours worked.
CEPR and / January 15, 2013
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Outro período fraco para EUA e EuropaDean Baker
Valor Econômico (Brasil), 19 de dezembro, 2012
Em inglês
Dean Baker / January 15, 2013
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Latin America and the Caribbean
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Charles Lane Is Right: Medicare Should Not Protect DoctorsDean Baker / January 15, 2013
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The 3 Percent Cut to Social Security, aka the Chained CPIDean Baker
Truthout, January 14, 2013
Dean Baker / January 15, 2013