Technological change and the skill premium
Neutral Technological Change and the Skill Premium
... 4. Conclusion This paper has constructed a two-sector general equilibrium model in which neutral technological change results in an increase in the skill premium. The mechanism generating this ...
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Essays on the skill premium and the skill bias of technological change
... to skill biased technological change works via a shift of new in- vestment from unskilled capital to skilled capital as a consequence of an increase in the share of skilled hours ...the skill ...
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The Rising Skill Premium, Technological Change and Appropriability
... the skill premium and the non-production/production wage differential increased strongly from the late 1970s ...onwards. Skill-biased technological change, trade with unskilled-abundant ...
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Skill-Biased Technological Change, Endogenous Labor Supply, and the Skill Premium
... factor-augmenting technological change and the accumulation of ...factor-augmenting technological progress and differences in the sectoral possibility to substitute capital and ...the skill ...
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The Skill Premium, Technological Change and Appropriability
... The second strand of analysis, including Acemoglu (1998), Kiley (1999), Galor and Tsiddon (1997), Galor and Moav (1998), and Lloyd-Ellis (1999), explains – as this paper does – where the bias comes from. Acemoglu’s ...
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Skill-biased technological change in Vietnam
... the skill premium, they concluded that the educational wage differentials can be well explained by changes in the growth of the supply of educated ...the skill premium since the early ...
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Cyclical Skill-Biased Technological Change
... the skill premium is the log wage differential between college graduates and high school ...of skill are defined as the log ratio of the number of college grad- uates over the number of high school ...
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Skill biased technological change and the business cycle
... Keywords: skill-biased technology, skill premium, VAR, long-run restrictions, capital-skill complementarity, business cycle ∗ We thank David Autor, Toni Braun, Paula Bustos, Fabio Canova, ...
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Costly Investment, Complementarities, International Technological-Knowledge Diffusion and the Skill Premium
... the skill premium of an increase in the skilled labor relative supply in the innovator ...the skill premium As Richardson (1995), He and Liu (2008), among others, review, the ...
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Costly Investment, Complementarities, International Technological-Knowledge Diffusion and the Skill Premium
... the skill premium of an increase in the skilled labor relative supply in the innovator ...the skill premium As Richardson (1995), He and Liu (2008), among others, review, the ...
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Skill Biased Technological Change and Inequality in the U S
... the skill-biased technological change (Karabarbounis and Neiman (2013); Krusell et ...skilled-biased technological change and taxation explain income inequality in the ...the ...
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Implications of skill-biased technological change: International evidence
... neutral, skill-biased technological change is a possible explana- tion for the increased skill premium even in the small open economy ...increased skill premium, such as ...
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Universal basic income and skill-biased technological change
... and technological level measured through the TFP and ...the technological change driving most of this ...technology change, in this case, winds up being factor-augmenting since it generates a ...
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Technological Change, Skill Demand, and Wage Inequality in Indonesia
... of technological changes for skill demand and wage inequality in ...wage skill premium increased significantly over 2003–2009 for overall industry and across the ...by change within ...
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Investment-specific technological change, skill accumulation, and wage inequality
... and skill formation through three ...future skill premium provides an incentive for the household to invest in skill accumulation, which raises the skilled-unskilled ratio and reduces the ...
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Skill-biased technological change : is there hope for the unskilled?
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Skill-Biased Technological Change: Is there Hope for the Unskilled?
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The role of product diversification in skill biased technological change
... A is not included in the equation (7). Therefore, A has no eect on the equilibrium number of goods, N . Increasing the number of goods in the economy, N , lowers GDP growth and aggregate labour productivity, ceteris ...
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The Skill Content of Recent Technological Change: An Empirical Exploration
... Computerization and contemporaneous task shifts at the industry, occupation and educational level, 1980 – 1998 It is possible to argue that the preceding results primarily provide an exp[r] ...
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THE SKILL CONTENT OF RECENT TECHNOLOGICAL CHANGE: AN EMPIRICAL EXPLORATION*
... from technological change, are an underlying cause—not merely a reection— of relative demand shifts favoring educated ...task change: changes within edu- cation groups and changes within ...
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