Innovation and inequality: how does technical progress affect workers?
Saved in:
Bibliographic Details
Main Author: Saint-Paul, Gilles (Author)
Format: Electronic eBook
Language:English
Published: Princeton, N.J. Princeton University Press ©2008
Subjects:
Online Access:Volltext
Item Description:Includes bibliographical references (pages 187-190)
Karl Marx predicted a world in which technical innovation would increasingly devalue and impoverish workers, but other economists thought the opposite, that it would lead to increased wages and living standards--and the economists were right. Yet in the last three decades, the market economy has been jeopardized by a worrying phenomenon: a rise in wage inequality that has left a substantial portion of the workforce worse off despite the continuing productivity growth enjoyed by the economy. Innovation and Inequality examines why. Studies have firmly established a link between this worrying tre
Introduction -- 1 Which Tools Do We Need? -- 2 Productivity and Wages in Neoclassical Growth Models -- 3 Heterogeneous Labor -- 4 Competing Technologies -- 5 Supply Effects -- 6 Labor as a Quality Input: Skill Aggregation and Sectoral Segregation -- 7 The Economics of Superstars -- 8 Complementarities and Segregation by Skills -- 9 Demand Effects -- 10 Nonhomothetic Preferences and the Distributive Effects of Innovation and Intellectual Property -- Epilogue -- References
Physical Description:1 Online-Ressource (xiv, 190 pages)
ISBN:9781400824779
140082477X
1282129619
9781282129610
9780691128306
0691128308

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text