High Wage Dispersion Value

A High Wage Dispersion Value is a Wage Dispersion Value that is a high dispersion value.

• AKA: High Wage Inequality.
• Context:
  • It can (typically) be a component of a High Income Inequality.
  • …
• Counter-Example(s):
  • a High Wealth Dispersion Value,
  • a Low Wage Dispersion Value,
• See: Work Wage, Wage Labor, Post Wage-Labor Society, Pre Wage-Labor Society.

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References

2002

• (Card & DiNardo, 2002) ⇒ David Card, and John E DiNardo. (002). “Skill Biased Technological Change and Rising Wage Inequality: Some Problems and Puzzles."
  • QUOTE: The rise in wage inequality in the U.S. labor market during the 1980s is usually attributed to skill-biased technical change (SBTC), associated with the development of personal computers and related information technologies. We review the evidence in favor of this hypothesis, focusing on the implications of SBTC for economy-wide trends in wage inequality, and for the evolution of wage differentials between various groups. A fundamental problem for the SBTC hypothesisis that wage inequality stabilized in the 1990s, despite continuing advances in computer technology.

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