Ábrahám, Árpád - In: Journal of the European Economic Association 6 (2008) 2-3, pp. 695-704
This article analyzes the impact of stochastic skill-biased technological change on earnings inequality in a general equilibrium OLG model. Wage dispersion is determined by the heterogeneity of skills by allowing for productivity differences due to education, ability, and age. The model performs...