Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89993
Authors: 
Edwards, Rebecca
Lange, Fabian
Year of Publication: 
2013
Series/Report no.: 
IZA Discussion Paper 7825
Abstract: 
Three fundamental forces have shaped labor markets over the last 50 years: the secular increase in the returns to education, educational upgrading, and the integration of large numbers of women into the workforce. We modify the Katz and Murphy (1992) framework to predict the structure of the labor market in 2030. Even though the share of educated females in the workforce will grow rapidly, the supply response will not suffice to offset the trend in demand towards skilled, female labor. Wage growth over the next 20 years will continue to favor college educated workers and in particular college educated females.
Subjects: 
wage growth
trends in labor demand and supply
JEL: 
J11
J21
J22
J23
J31
Document Type: 
Working Paper

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