Ability Biased Technological Transition, Wage Inequality, and Economic Growth.

This paper develops a growth model in which the endogenous evolution of technological change and wage inequality is consistent with the observed pattern in the US and several other countries in the last two centuries. The evolution of the economy and its impact on wage inequality is based upon three central elements that appear consistent with empirical evidence.

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Year of publication:	1998
Authors:	Galor, Oded ; Moav, Omer
Institutions:	Brown University, Department of Economics
Subject:	TECHNOLOGICAL CHANGE \| ECONOMIC GROWTH

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	48 pages
Classification:	J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; O11 - Macroeconomic Analyses of Economic Development ; O33 - Technological Change: Choices and Consequences; Diffusion Processes ; O40 - Economic Growth and Aggregate Productivity. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005094147