Skill-Biased Technological Change, Earnings of Unskilled Workers, and Crime
نویسندگان
چکیده
منابع مشابه
Unskilled Workers in an Economy with Skill-Biased Technology
This paper contributes to the search theory of unemployment by endogenously generating matching functions for skilled and unskilled workers from a wage-posting game. The model is capable of producing a positive skill premium and a positive wage di®erential among homogeneous unskilled workers. The skill premium arises from a skill-biased technology; the wage di®erential among unskilled workers s...
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Standard neo-classical trade theory predicts that trade liberalisation should cause a fall in wage inequality in developing countries through a decrease in the relative demand for skilled labour. Recent studies of a number of developing countries, however, find evidence to the contrary. Using a panel of manufacturing firms in the 1990s we investigate whether skill-biased technological change in...
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Demand for less-skilled workers plummeted in developed countries in the 1980s. In open economies, pervasive skill-biased technological change (SBTC) can explain this decline. SBTC tends to increase the domestic supply of unskillintensive goods by releasing less-skilled labor. The more countries experiencing a SBTC, the greater its potential to decrease the relative wages of less-skilled labor b...
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This paper discusses the occurrence of skill-enhancing technology import, namely the relationship between imports of embodied technology and widening skill-based employment di¤erentials in low and middle-income countries. GMM techniques are applied to an original panel dataset comprising 28 manufacturing sectors for 23 countries over a decade. Econometric results provide robust evidence of the ...
متن کاملEarnings Inequality and Skill-biased Technological Changewith Endogenous Choice of Education
This article analyzes the impact of stochastic skill-biased technological change on earnings inequality in a general equilibrium OLG model. Wage dispersion is determined by the heterogeneity of skills by allowing for productivity differences due to education, ability, and age. The model performs well in reproducing stylized facts on the time pattern of the U.S. wage distribution and human capit...
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ژورنال
عنوان ژورنال: Review of Law & Economics
سال: 2017
ISSN: 1555-5879
DOI: 10.1515/rle-2016-0017