Does Skill-Biased Technical Change Diffuse Internationally?
نویسندگان
چکیده
منابع مشابه
Skill-Biased Technical Change1
Skill-Biased Technical Change is a shift in the production technology that favors skilled over unskilled labor by increasing its relative productivity and, therefore, its relative demand. Traditionally, technical change is viewed as factor-neutral. However, the observed rapid rise in the relative wage of skilled workers in conjunction with an upward trend in their relative supply means that rec...
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Last decades have seen substantial changes in some countriescollective bargaining institutions, with a general trend towards more decentralized wage negotiations, specially in the Scandinavian countries. This paper supports the hypothesis that deunionization and decentralization in the wage setting process is a consequence of a skill-biased technical change. The main contribution of the paper ...
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We document the growth in higher education costs and tuition over the past 50 years. To explain these trends, we develop a general equilibrium model with skilland sector-biased technical change. Finding the model’s parameters through a combination of estimation and calibration, we show that it can explain the rise in college costs between 1961 and 2009, along with the increase in college attain...
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US median wages have stagnated for 30 years, yet this masks a surprising amount of variation among different groups. A large literature documents that skill-biased technical change (SBTC) has led to substantial real wage increases on average for those with at least a college degree, and declines on average for those with less education. However, SBTC is not a single dimensional construct. We id...
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In this contribution, we present an endogenous growth model which essentially extends the idea of the paper by Murphy, Riddell and Romer (1998). In that paper, the authors assume that technical progress leads to wage differentials between high-skilled workers and unskilled workers. As technical progress occurs, the relative marginal productivity of different input changes. Yet, if there is suff...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2764911