Ability-Biased Technological Transition, Wage Inequality, And Economic Growth
Oded Galor () and
Omer Moav ()
The Quarterly Journal of Economics, 2000, vol. 115, issue 2, pages 469-497
This paper develops a growth model characterized by ability-biased technological transition in which the evolution of technology, education attainment, and wage inequality is consistent with the observed pattern in the United States and other advanced countries over the past several decades. It argues that an increase in the rate of technological progress raises the return to ability and simultaneously generates an increase in wage inequality between and within groups of skilled and unskilled workers, an increase in average wages of skilled workers, a temporary decline in average wages of unskilled workers, an increase in education, and a productivity transitory slowdown. © 2000 the President and Fellows of Harvard College and the Massachusetts Institute of Technology
References: Add references at CitEc
Citations View citations in EconPapers (93) Track citations by RSS feed
Downloads: (external link)
http://www.catchword.com/cgi-bin/cgi?ini=bc&body=l ... 000501)115:2L.469;1- (text/html)
Access to full text is restricted to subscribers.
Working Paper: Ability Biased Technological Transition, Wage Inequality, and Economic Growth (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:tpr:qjecon:v:115:y:2000:i:2:p:469-497
Ordering information: This journal article can be ordered from
http://mitpress.mit. ... me.tcl?issn=00335533
Access Statistics for this article
The Quarterly Journal of Economics is edited by Robert J. Barro, Edward L. Glaeser and Lawrence F. Katz
More articles in The Quarterly Journal of Economics from MIT Press
Series data maintained by Karie Kirkpatrick ().