@article{oai:nagoya.repo.nii.ac.jp:02001480, author = {Miyazawa, Kazutoshi}, issue = {E21-8}, journal = {Economic Research Center Discussion Paper E-Series}, month = {Sep}, note = {Some recent studies assert that, in the US and some European countries, one-half of the growth in income inequality can be attributed to education. Therefore, focusing on performance-related pay for non-routine skilled workers and an opportunity for higher education, we present a mechanism to generate the polarization of wages. If the opportunity for higher education is limited, then wage distribution is polarized by the prevalence of performance pay. However, wage polarization may vanish in the case where higher education provides high-school graduates with a second chance at success. Our result highlights the important role of higher education in shaping the distribution of wages.}, pages = {1--13}, title = {Higher education, performance pay, and the polarization of wages}, year = {2021} }