Wage Inequalilities Brings What Threats to Our Society

Author:   Johnny Ch Lok
Publisher:   Independently Published
ISBN:  

9781652568995


Pages:   88
Publication Date:   29 December 2019
Format:   Paperback
Availability:   Available To Order   Availability explained
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Wage Inequalilities Brings What Threats to Our Society


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Overview

By past income statistics indication, the income inequality of single member householders are ususally lower than those householders with two or more members in Japan and China country. So, it seems the family aging population structure factor can influence wage inequality in Japan and China both countries. The past statistics also indicated that the income inequality in Japan and China have been greater within older group. This life long gap starts widening around the age of 40, when the speed of job promotions begins to differ among employees. Otherwise, America many have addressed skill-biased technicial change and globalization of the economy as the potential causes of the widening income inequality. It seems America inequality wage challenge is caused by these two factors: First, technological progress had been biased by favoring highly educated or high skilled workers. Second, globalization of the economy had decreased the demand for lower educated workers in developed countries, such as America.In Japanese and Chinese labour markets, the relative demand for college graduate worker is significantly associated with the amount of investment in research and development as well as with the import ratio from East Asia or the overseas production ratio is raising to Japan and Chinese manufacturing industry nowadays. Also, although an increased demand for college graduate workers was observed in Japan and China, the increase in the wage differentials between college graduates and high school graduates was relatively small, because the supply of college graduate workers increased at the same time. So, causing of household income mobility reason can also influence wage inequality with Japan and China. Also, the widening gap in the flow of income can be explained by the aging of the population. The wage inequality in lifetime income could, however have widened, even if the age group gap had barely changed. Moreover, less frequent movements across income classes would result in a larger inequality in lifetime income, even of the inequalities were unchanged within each age group.

Full Product Details

Author:   Johnny Ch Lok
Publisher:   Independently Published
Imprint:   Independently Published
Dimensions:   Width: 20.30cm , Height: 0.50cm , Length: 25.40cm
Weight:   0.191kg
ISBN:  

9781652568995


ISBN 10:   1652568999
Pages:   88
Publication Date:   29 December 2019
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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