Why the Kuznets Curve will always Reverse ?

Patricia Crifo and Etienne Lehmann ()

No 2001036, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: In this paper, we develop a model of innovation-based growth to address the issue of skill-biased technical change over the long run. We show that innovations fluctuate endogenously from skill-intensive to unskilled-intensive sectors, thereby generating periods of increasing and decreasing wage inequality. This could contribute to explain that technological progress exerts a non monotonic pressure on wage inequality over the long run.

Keywords: Innovation-Driven Growth; Wage Inequality; Kuznets Curve; Cycles (search for similar items in EconPapers)
JEL-codes: J31 O31 O41 (search for similar items in EconPapers)
Pages: 33
Date: 2001-12-01
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http://sites.uclouvain.be/econ/DP/IRES/2001-36.pdf (application/pdf)

Related works:
Working Paper: Why the Kuznets Curve Will Always Reverse (2001)
Working Paper: Why the Kuznets Curve Will Always Reverse (2001)
Working Paper: Why the Kuznets Curve Will Always Reverse (2001)
Working Paper: Why the Kuznets Curve Will Always Reverse (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvir:2001036

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