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The rise of TV shows how technological change can lead to superstar wages for some and low wages for most others

König, Felix (2020) The rise of TV shows how technological change can lead to superstar wages for some and low wages for most others. USApp-American Politics and Policy Blog (29 Jan 2020). Blog Entry.

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Abstract

New technologies can open markets and amplify differences in talent to produce big differences in incomes. In new research, Felix Koenig looks at the effect of the introduction of television on entertainers' wages. He finds that in communities where television first launched, especially those with greater competition for talent, entertainers' salaries became much more unequally distributed. A small number of top earners benefited greatly, while demand declined for most workers.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/usappblog/
Additional Information: © 2020 The Author
Divisions: LSE
Subjects: P Language and Literature > PN Literature (General) > PN1990 Broadcasting
H Social Sciences > HD Industries. Land use. Labor
E History America > E151 United States (General)
Date Deposited: 28 Feb 2020 12:33
Last Modified: 10 Aug 2020 23:25
URI: http://eprints.lse.ac.uk/id/eprint/103624

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