Guy, Frederick (contributor); Skott, Peter (contributor) - 2007
�power-
biased�: in many industries they have allowed �rms to monitor workers more closely,
thus reducing the power of these … workers. An e� ciency wage model shows that �power-
biased technical change�in this sense may generate rising inequality … accompanied by
an increase in both unemployment and work intensity.
JEL numbers: J31, O33
Key words: power-biased technical change …