Recurring in Preindustrial Economy -- Chapter 3. Capital Accumulation -- Chapter 4. Productivity Growth -- Chapter 5. Inequality … substantially over the last two centuries, driven by increased labor productivity, and derived from more intense andefficient use of …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

demand: the complementarity between technology and skilled and unskilled labor. Our results identify parameters that are …

unravel. Third, I model the endogenous determination of technology or organizational form that results from firms’ tailoring … heterogeneity, the more flexible and wage-disequalizing is the equilibrium technology. Moreover, firms’ choices tend to generate … excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how …