Dupuy, Arnaud; Marey, Philip - 2021
, but also the elasticity of substitution between skill-types of labor. Using data for the United States between 1963 and … 2002, we find significant empirical support for a decrease in the elasticity of substitution at the end of the 70s followed … by an increase at the beginning of the 90s. This pattern of the elasticity of substitution has contributed to the labor …