Title :
The Evolution and Determinants of Skill Premium in China
Author :
Lan Liu ; Hao Zhou
Author_Institution :
Sch. of Bus., JiangHan Univ., Wuhan
Abstract :
China experienced a sharp increase in wage inequality between unskilled and skilled workers in the late 1990s. Multiple factors lie behind the notorious skill income inequality. This paper describes the evolution of skill premium during the last two decades and analyzes the reasons leading to the result in a simple supply and demand framework. Finally, this paper comes up with some proposals on decreasing skill premium and income inequality.
Keywords :
multiskilling; personnel; salaries; supply and demand; skill premium; skilled worker; supply and demand framework; unskilled worker; wage inequality; Acceleration; Educational institutions; Employment; Industrial economics; Investments; Monopoly; Pediatrics; Proposals; Remuneration; Supply and demand;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location :
Dalian
Print_ISBN :
978-1-4244-2107-7
Electronic_ISBN :
978-1-4244-2108-4
DOI :
10.1109/WiCom.2008.3040
