Skilled labor, unskilled labor, and economic growth
نویسندگان
چکیده
منابع مشابه
R&D and the Demand for Skilled and Unskilled Labor
This paper analyzes the impact of the skill composition of the working labor force on the innovative activity of firms when there is both an imperfect labor market and monopolistic competition on the product market. The labor market imperfections arise through a kind of insider outsider mechanism where in the bargaining round the union attaches a greater weight to the wage and employment intere...
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In this paper, using a production framework in which skilled and unskilled labor are imperfect substitutes, we analyze the time paths of the efficiencies of skilled and unskilled labor and their implications for wage inequality and economic growth. We find no evidence that supports the common view that there has been an acceleration in skilled biased technical change. Indeed, after 1973 the eff...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2008
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2008.03.012