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| 001 | w5417 | ||
| 003 | NBER | ||
| 005 | 20211020114202.0 | ||
| 006 | m o d | ||
| 007 | cr cnu|||||||| | ||
| 008 | 210910s1996 mau fo 000 0 eng d | ||
| 100 | 1 | _aAgenor, Pierre-Richard. | |
| 245 | 1 | 0 |
_aWage Dispersion and Technical Progress / _cPierre-Richard Agenor, Joshua Aizenman. |
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_aCambridge, Mass. _bNational Bureau of Economic Research _c1996. |
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_a1 online resource: _billustrations (black and white); |
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| 490 | 1 |
_aNBER working paper series _vno. w5417 |
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| 500 | _aJanuary 1996. | ||
| 520 | 3 | _aSince 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. | |
| 530 | _aHardcopy version available to institutional subscribers | ||
| 538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
| 538 | _aMode of access: World Wide Web. | ||
| 588 | 0 | _aPrint version record | |
| 690 | 7 |
_aJ31 - Wage Level and Structure • Wage Differentials _2Journal of Economic Literature class. |
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| 690 | 7 |
_aJ42 - Monopsony • Segmented Labor Markets _2Journal of Economic Literature class. |
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| 700 | 1 |
_aAizenman, Joshua. _94613 |
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| 710 | 2 | _aNational Bureau of Economic Research. | |
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_aWorking Paper Series (National Bureau of Economic Research) _vno. w5417. |
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| 856 | 4 | 0 | _uhttps://www.nber.org/papers/w5417 |
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_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w5417 |
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_2ddc _cW-PAPER |
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_c342924 _d301486 |
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