Occupational Skill Premia around the World: New Data, Patterns and Drivers
利用发展中国家和发达国家相同职业的工资数据,发现职业技能溢价在1950-1980年代缩小、之后扩大,呈U型变化,并分析了教育供给、工会和贸易需求等驱动因素。
Firms hire workers to undertake tasks and activities associated with particular occupations, which makes occupations a fundamental unit in economic analyses of the labor market. Using a unique dataset on pay in identically defined occupations in developing and advanced countries, we find that in most countries occupational skill premia narrowed substantially from the 1950s to the 1980s, then widened through the 2000s, creating a U-shaped pattern of change. The narrowing was due in part to the huge worldwide increase in the supply of educated workers. The subsequent widening was due in part to the weakening of trade unions and a shift in demand to more skilled workers associated with rising trade. The data indicate that supply, demand, and institutional forces are all drivers of occupational skill premia, ruling out simple single factor explanations of change. The paper concludes with a call for improving the collection of occupational wage data to understand future changes in the world of work.