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    A model of power-biased technological change

    Skott, P. and Guy, Frederick (2007) A model of power-biased technological change. Economics Letters 95 (1), pp. 124-131. ISSN 0165-1765.

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    Abstract

    New technologies have allowed firms to monitor low-skill workers more closely, thus reducing the power of these workers. We show that this ‘power-biased’ change may generate rising wage inequality and increases in the work intensity and unemployment of low-skill workers.

    Metadata

    Item Type: Article
    Keyword(s) / Subject(s): Power-biased technical change, Skill bias, Efficiency wage, Inequality, Work intensity
    School: Birkbeck Schools and Departments > School of Business, Economics & Informatics > Management
    Research Centre: Innovation Management Research, Birkbeck Centre for
    Depositing User: Administrator
    Date Deposited: 23 Apr 2007
    Last Modified: 06 Dec 2016 10:11
    URI: http://eprints.bbk.ac.uk/id/eprint/488

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