Skill-biased technological change: Is there hope for the unskilled? |
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| Authors: | Matthias Weiss |
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| Institution: | aMEA, Universität Mannheim, 68131 Mannheim, Germany |
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| 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. |
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| Keywords: | Skill-biased technological change Wage inequality Factor substitution |
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