Bericht

Institutional failure and the American worker: The collapse of low-skill wages

David R. Howell argues that the collapse of low-skill wages in the United States cannot be explained by a skill mismatch resulting from a technology-driven decline in the demand for low-skill labor. He presents evidence refuting the prevailing belief that a substantial shift in demand away from low-skill work characterized the 1980s. Howell asserts that a more compelling explanation for the growing wage gap can be found in fundamental changes in the institutions, practices, and norms that determine labor market outcomes - a return to a confrontational attitude toward labor by management, a shift to a laissez-faire approach to regulatory and redistributive functions by government, and management's adoption of low-road strategies to cut labor costs in response to competitive pressures.

ISBN
0941276228
Language
Englisch

Bibliographic citation
Series: Public Policy Brief ; No. 29

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Howell, David R.
Event
Veröffentlichung
(who)
Levy Economics Institute of Bard College
(where)
Annandale-on-Hudson, NY
(when)
1997

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Bericht

Associated

  • Howell, David R.
  • Levy Economics Institute of Bard College

Time of origin

  • 1997

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