Wage dispersion and technical progress:
Since the early 1980s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries. A number of economists have attributed these trends to skill-biased technical progress. This paper studies the wage and employment effects of technolo...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
1996
|
| Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
5417 |
| Schlagworte: | |
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | Since the early 1980s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries. A number of economists have attributed these trends to skill-biased technical progress. This paper studies the wage and employment effects of technological changes of this type. The analysis is based on a model with a heterogeneous work force and a segmented labor market. Skill-biased technical progress is modeled as a shock that switches demand from unskilled to skilled labor in the primary, high-wage sector, while leaving the total demand for labor in that sector constant at initial wages. Such a shock reduces total employment in the primary sector, as the equilibrium increase in skilled labor employment is smaller than the fall in employment of unskilled labor. Efficiency factors are shown to magnify the adverse employment effects of pro-skilled technical change. |
| Beschreibung: | 32 S. graph. Darst. |
Internformat
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| 490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 5417 | |
| 520 | |a Since the early 1980s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries. A number of economists have attributed these trends to skill-biased technical progress. This paper studies the wage and employment effects of technological changes of this type. The analysis is based on a model with a heterogeneous work force and a segmented labor market. Skill-biased technical progress is modeled as a shock that switches demand from unskilled to skilled labor in the primary, high-wage sector, while leaving the total demand for labor in that sector constant at initial wages. Such a shock reduces total employment in the primary sector, as the equilibrium increase in skilled labor employment is smaller than the fall in employment of unskilled labor. Efficiency factors are shown to magnify the adverse employment effects of pro-skilled technical change. | ||
| 650 | 7 | |a Loondifferentiatie |2 gtt | |
| 650 | 7 | |a Technische vernieuwing |2 gtt | |
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| 650 | 4 | |a Employment (Economic theory) |x Effect of technological innovations on |x Mathematical models | |
| 650 | 4 | |a Wages |x Effect of skilled labor on |x Mathematical models | |
| 700 | 1 | |a Aizenman, Joshua |d 1949- |e Verfasser |0 (DE-588)124080057 |4 aut | |
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| id | DE-604.BV010743706 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T17:58:08Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-007174490 |
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| physical | 32 S. graph. Darst. |
| publishDate | 1996 |
| publishDateSearch | 1996 |
| publishDateSort | 1996 |
| record_format | marc |
| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Agénor, Pierre-Richard 1957- Verfasser (DE-588)12408009X aut Wage dispersion and technical progress Pierre-Richard Agénor ; Joshua Aizenman Cambridge, Mass. 1996 32 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5417 Since the early 1980s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries. A number of economists have attributed these trends to skill-biased technical progress. This paper studies the wage and employment effects of technological changes of this type. The analysis is based on a model with a heterogeneous work force and a segmented labor market. Skill-biased technical progress is modeled as a shock that switches demand from unskilled to skilled labor in the primary, high-wage sector, while leaving the total demand for labor in that sector constant at initial wages. Such a shock reduces total employment in the primary sector, as the equilibrium increase in skilled labor employment is smaller than the fall in employment of unskilled labor. Efficiency factors are shown to magnify the adverse employment effects of pro-skilled technical change. Loondifferentiatie gtt Technische vernieuwing gtt Mathematisches Modell Employment (Economic theory) Effect of technological innovations on Mathematical models Wages Effect of skilled labor on Mathematical models Aizenman, Joshua 1949- Verfasser (DE-588)124080057 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5417 (DE-604)BV002801238 5417 http://papers.nber.org/papers/w5417.pdf kostenfrei Volltext |
| spellingShingle | Agénor, Pierre-Richard 1957- Aizenman, Joshua 1949- Wage dispersion and technical progress National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Loondifferentiatie gtt Technische vernieuwing gtt Mathematisches Modell Employment (Economic theory) Effect of technological innovations on Mathematical models Wages Effect of skilled labor on Mathematical models |
| title | Wage dispersion and technical progress |
| title_auth | Wage dispersion and technical progress |
| title_exact_search | Wage dispersion and technical progress |
| title_full | Wage dispersion and technical progress Pierre-Richard Agénor ; Joshua Aizenman |
| title_fullStr | Wage dispersion and technical progress Pierre-Richard Agénor ; Joshua Aizenman |
| title_full_unstemmed | Wage dispersion and technical progress Pierre-Richard Agénor ; Joshua Aizenman |
| title_short | Wage dispersion and technical progress |
| title_sort | wage dispersion and technical progress |
| topic | Loondifferentiatie gtt Technische vernieuwing gtt Mathematisches Modell Employment (Economic theory) Effect of technological innovations on Mathematical models Wages Effect of skilled labor on Mathematical models |
| topic_facet | Loondifferentiatie Technische vernieuwing Mathematisches Modell Employment (Economic theory) Effect of technological innovations on Mathematical models Wages Effect of skilled labor on Mathematical models |
| url | http://papers.nber.org/papers/w5417.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT agenorpierrerichard wagedispersionandtechnicalprogress AT aizenmanjoshua wagedispersionandtechnicalprogress |