Research
Discussion Paper
PIERspectives
aBRIDGEd
PIER Blog
Events
Conferences
Research Workshops
Policy Forums
Seminars
Exchanges
Community
PIER Research Network
Visiting Fellows
Funding and Grants
About Us
Our Organization
Announcements
PIER Board
Staff
Work with Us
Contact Us
TH
EN
Research
Research
Discussion Paper
PIERspectives
aBRIDGEd
PIER Blog
Sustainable Finance in Southeast Asia
Latest discussion Paper
Sustainable Finance in Southeast Asia
ทางออกแก้หนี้แก้จนของคนไทย
Latest PIER Blog
ทางออกแก้หนี้แก้จนของคนไทย
Events
Events
Conferences
Research Workshops
Policy Forums
Seminars
Exchanges
Confidence and College Applications: Evidence from a Randomized Intervention
Latest PIER Economic Seminar
Confidence and College Applications: Evidence from a Randomized Intervention
The Impact of Climate Change on Thai Households
Latest PIER Research Exchange
The Impact of Climate Change on Thai Households
สถาบันวิจัยเศรษฐกิจป๋วย อึ๊งภากรณ์
Puey Ungphakorn
Institute for
Economic Research
Puey Ungphakorn Institute for Economic Research
Community
Community
PIER Research Network
Visiting Fellows
Funding and Grants
PIER Research Network
PIER Research Network
Funding & Grants
Funding & Grants
About Us
About Us
Our Organization
Announcements
PIER Board
Staff
Work with Us
Contact Us
Staff
Staff
ประกาศรายชื่อผู้ได้รับทุนสถาบันวิจัยเศรษฐกิจป๋วย อึ๊งภากรณ์ ประจำปี 2565 รอบที่ 2
Latest announcement
ประกาศรายชื่อผู้ได้รับทุนสถาบันวิจัยเศรษฐกิจป๋วย อึ๊งภากรณ์ ประจำปี 2565 รอบที่ 2
Discussion Paperdp
QR code
Year
2023
2022
2021
2020
...
12 October 2022
20221665532800000

Brain over Brawn: Job Polarization, Structural Change, and Skill Prices

Abstract

This study investigates the effects of brain and brawn skills on wages and the changes in wage distribution in Thailand using the Labor Force Survey (LFS) from 1985 to 2020. We quantify the contribution of changes in the skill requirement and highlight the increase in the return on brain and the decrease in the penalty on brawn, which helps explain the wage distribution changes across periods. We further explore the polarization in the labor market and analyze the changes in the wage distribution by applying the decomposition method proposed by Firpo et al. (2009). Our results suggest that wage dispersion increases in the top end over the first two time periods but decreases in the third time period, while it continues to decrease in the lower end of the distribution.

Download full text
The views expressed in this workshop do not necessarily reflect the views of the Puey Ungphakorn Institute for Economic Research or the Bank of Thailand.
Tags: polarizationstructural changerif-regressionsdecompositionwage inequalityjob tasks
Sasiwimon Warunsiri Paweenawat
Sasiwimon Warunsiri Paweenawat
Thammasat University
Lusi Liao
Lusi Liao
Institute of Strategy Research for the Guangdong-Hong Kong-Macao Greater Bay Area

Puey Ungphakorn Institute for Economic Research

273 Samsen Rd, Phra Nakhon, Bangkok 10200

Phone: 0-2283-6066

Email: pier@bot.or.th

Terms of Service | Personal Data Privacy Policy

Copyright © 2023 by Puey Ungphakorn Institute for Economic Research.

Content on this site is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported license.

Creative Commons Attribution NonCommercial ShareAlike

Get PIER email updates

Facebook
YouTube
Email