We examine how technological change affects wage inequality and unemployment in a calibrated model of matching … the fact that, in the model calibrated to the US economy, both unemployment and vacancy durations are very short, i …

technology growth and institutional variables affect equilibrium wage inequality, income shares and unemployment. Next, it … explain a significant part of the differential rise in unemployment and capital share and some of the differential dynamics in …

unemployment and an increased labour share of income, variables that remained stable in the US We hypothesize that these changes in …