Skill Development and Sustainable Prosperity: Cumulative and Collective Careers versus Skill-Biased Technical Change
نویسندگان
چکیده
منابع مشابه
Skill-Biased Technical Change1
Skill-Biased Technical Change is a shift in the production technology that favors skilled over unskilled labor by increasing its relative productivity and, therefore, its relative demand. Traditionally, technical change is viewed as factor-neutral. However, the observed rapid rise in the relative wage of skilled workers in conjunction with an upward trend in their relative supply means that rec...
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Last decades have seen substantial changes in some countriescollective bargaining institutions, with a general trend towards more decentralized wage negotiations, specially in the Scandinavian countries. This paper supports the hypothesis that deunionization and decentralization in the wage setting process is a consequence of a skill-biased technical change. The main contribution of the paper ...
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We document the growth in higher education costs and tuition over the past 50 years. To explain these trends, we develop a general equilibrium model with skilland sector-biased technical change. Finding the model’s parameters through a combination of estimation and calibration, we show that it can explain the rise in college costs between 1961 and 2009, along with the increase in college attain...
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In this contribution, we present an endogenous growth model which essentially extends the idea of the paper by Murphy, Riddell and Romer (1998). In that paper, the authors assume that technical progress leads to wage differentials between high-skilled workers and unskilled workers. As technical progress occurs, the relative marginal productivity of different input changes. Yet, if there is suff...
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We document for a broad panel of advanced economies that increases in GDP per capita are associated with a shift in the composition of value added to sectors that are intensive in high-skill labor. It follows that further development in these economies leads to an increase in the relative demand for skilled labor. We develop a two-sector model of this process and use it to assess the contributi...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2638080