Labour Income in the Age of Internet Revolution
Abstract
In the 21st century, the internet has become omnipresent. However, there is little investigation how the dynamics of internet expansion and labour income is connected. The focus of this paper is the relationship between internet access and labour income in Germany. Channels through which the internet affects wages are classified, and groups with positive, negative and ambiguous interdependence are derived. In the estimated model, labour income increases moderately as the response to a positive shock in the size of the internet, while jobs which are identified as "winners" experience the highest short run response and largest average increase in labour income.
Keywords
Labour Markets; Internet Effects; Wages; VAR
Cite as
Heese, C., & Voelzke, J. (2017). Labour Income in the Age of Internet Revolution. The Empirical Economics Letters, 16, 73–81.Details
Publication type
Research article (journal)
Peer reviewed
Yes
Publication status
Published
Year
2017
Journal
The Empirical Economics Letters
Volume
16
Start page
73
End page
81
Language
English
ISSN
16818997