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Income Inequality and Job Polarization: A PVAR approach

Thami, Prakriti LU (2017) NEKN01 20172
Department of Economics
Abstract
In the study of the income inequality vis-a-vis job polarization two hypothesis, somewhat complementary and somewhat contending, have been emerged in the literature as possible causal pathways for the increasing income inequality trends seen across countries: (1) Skill-biased technical change and (2) Routine biased technical change. However, empirical panel studies that critically evaluate these paradigms appear to be few and far between. In light of this, this thesis aims to contribute towards the body of literature on income inequality and job polarization. Using panel data from 12 OECD countries between 1992-2014, this study investigates and contrary to the hypotheses, finds no direct the inter-temporal relationship between income... (More)
In the study of the income inequality vis-a-vis job polarization two hypothesis, somewhat complementary and somewhat contending, have been emerged in the literature as possible causal pathways for the increasing income inequality trends seen across countries: (1) Skill-biased technical change and (2) Routine biased technical change. However, empirical panel studies that critically evaluate these paradigms appear to be few and far between. In light of this, this thesis aims to contribute towards the body of literature on income inequality and job polarization. Using panel data from 12 OECD countries between 1992-2014, this study investigates and contrary to the hypotheses, finds no direct the inter-temporal relationship between income inequality and job polarization. The study does, however, find evidence that labour market institutions can serve to moderate the rate of job polarization. (Less)
Please use this url to cite or link to this publication:
author
Thami, Prakriti LU
supervisor
organization
course
NEKN01 20172
year
type
H1 - Master's Degree (One Year)
subject
keywords
Income inequality, job polarization, PVAR
language
English
id
8928113
date added to LUP
2017-11-06 11:05:47
date last changed
2017-11-06 11:05:47
@misc{8928113,
  abstract     = {In the study of the income inequality vis-a-vis job polarization two hypothesis, somewhat complementary and somewhat contending, have been emerged in the literature as possible causal pathways for the increasing income inequality trends seen across countries: (1) Skill-biased technical change and (2) Routine biased technical change. However, empirical panel studies that critically evaluate these paradigms appear to be few and far between. In light of this, this thesis aims to contribute towards the body of literature on income inequality and job polarization. Using panel data from 12 OECD countries between 1992-2014, this study investigates and contrary to the hypotheses, finds no direct the inter-temporal relationship between income inequality and job polarization. The study does, however, find evidence that labour market institutions can serve to moderate the rate of job polarization.},
  author       = {Thami, Prakriti},
  keyword      = {Income inequality,job polarization,PVAR},
  language     = {eng},
  note         = {Student Paper},
  title        = {Income Inequality and Job Polarization: A PVAR approach},
  year         = {2017},
}