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for the modern technology to be used. The possibility of a poverty trap induced by high aid volatility is first examined …
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modern technology to be used. The possibility of a poverty trap induced by high aid volatility is first examined in a …
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Since the early 1980s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries. A number of economists have attributed these trends to skill-biased technical progress. This paper studies the wage and employment effects of...
Persistent link: https://www.econbiz.de/10013232154
Since the early 1980s, wage dispersion and the ratio of skilled to unskilled employment have increased significantly in several industrial countries. A number of economists have attributed these trends to skill-biased technical progress. This paper studies the wage and employment effects of...
Persistent link: https://www.econbiz.de/10012473447
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This paper examines the effect of skill-biased technological change on the structure of wages, the composition of employment and the level of unemployment in a two-sector economy with a heterogenous work force. Efficiency wage considerations and minimum wage legislation lead to labor market...
Persistent link: https://www.econbiz.de/10014397189