
handle: 10419/111242
SBTC is a powerful mechanism in explaining the increasing gap between educated and uneducated wages. However, SBTC cannot mimic the US within-group wage inequality. This paper provides an explanation for the observed intra-college group inequality by showing that the top decile earners' significant wage growth is underpinned by the link between ex ante ability, math-heavy college majors and highly quantitative occupations. We develop a general equilibrium model with multiple education outcomes, where wages are driven by individuals' ex ante abilities and acquired math skills. A large portion of within-group and general wage inequality is explained by math-biased technical change (MBTC).
Lohnstruktur, Lohn, I24, J24, ECON Department of Economics, mathematics abilities, Wage inequality, 10007 Department of Economics, Wage inequality, SBTC, college majors, occupations, mathematics abilities, J31, ddc:330, wage inequality, occupations, Verteilungsgerechtigkeit, Honorar, Diskriminierung, Vergütung, 330 Economics, college majors, Einkommensverteilung, Mathematik, Gehalt, E24, I20, E25, Lohngleichheit, Einkommensunterschied, Bildung, E20, SBTC, jel: jel:E20, jel: jel:E25, jel: jel:E24, jel: jel:I20, jel: jel:J24, jel: jel:I24, jel: jel:J31
Lohnstruktur, Lohn, I24, J24, ECON Department of Economics, mathematics abilities, Wage inequality, 10007 Department of Economics, Wage inequality, SBTC, college majors, occupations, mathematics abilities, J31, ddc:330, wage inequality, occupations, Verteilungsgerechtigkeit, Honorar, Diskriminierung, Vergütung, 330 Economics, college majors, Einkommensverteilung, Mathematik, Gehalt, E24, I20, E25, Lohngleichheit, Einkommensunterschied, Bildung, E20, SBTC, jel: jel:E20, jel: jel:E25, jel: jel:E24, jel: jel:I20, jel: jel:J24, jel: jel:I24, jel: jel:J31
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