Skill-Biased Technological Change: Is There Hope for the Unskilled?

Posted: 6 Feb 2009

See all articles by Matthias Weiss

Matthias Weiss

MEA, Max Planck Institute for Social Law and Social Policy; Maastricht University - Research Centre for Education and the Labour Market (ROA)

Date Written: September 1, 2008

Abstract

This paper presents a model in which perpetual skill-biased technological change does not lead to ever increasing wage inequality. The model is consistent with the increase in wage inequality in the 1980s and the subsequent stabilization in the 1990s.

Keywords: Skill-Biased Techhnological Change, Wage Inequality, Factor Substitution

JEL Classification: E24, J31, O30

Suggested Citation

Weiss, Matthias, Skill-Biased Technological Change: Is There Hope for the Unskilled? (September 1, 2008). Economics Letters, Vol. 100, No. 3, 2008, Available at SSRN: https://ssrn.com/abstract=1338093

Matthias Weiss (Contact Author)

MEA, Max Planck Institute for Social Law and Social Policy ( email )

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