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We argue that skill-biased technological change not only affects wage gaps between skill groups, but also increases … wage inequality within skill groups, across workers in different workplaces. Building on a heterogeneous firm framework … with labor market frictions, we show that an industry-wide skill-biased technological change shock will increase between …
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During the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant technology today - information and communication technology (ICT) - does...
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? What is the effect of offshoring on skill-biased technological change? We estimate a model of firm production that allows … intensity on total factor productivity, particularly of small domestic firms and large foreign-owned firms, and on skill …-biased technological change in production of firms with low offshoring intensity. Initiating offshoring results in skill …
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