-parameteric characterizations of the macro elasticities of substitution between factors and of the macro bias of technical change in terms of micro …

The study of the bias of new technologies is important both as part of the analysis of the nature of technology … this paper, I analyze the equilibrium bias of technology. I distinguish between the relative bias of technology, which …, and the absolute bias, which looks only at the effect of new technology on the marginal product of a factor. The first …