Skill gaps: existence and efficiency

Fernando Pueyo and Marcos Sanso ()
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Marcos Sanso: Dep. de Análisis Económico. Universidad de Zaragoza

Economics Bulletin, 2002, vol. 15, issue 6, 1-7

Abstract: Given the interdependences between human capital accumulation and technological change, skill gaps may arise in equilibrium. However, they are not necessarily inefficient, and in this paper we present a model in which the simple absence of such a skill gap can be inefficient.

Keywords: efficiency (search for similar items in EconPapers)
JEL-codes: O3 O4 (search for similar items in EconPapers)
Date: 2002-09-25
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