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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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.
|Keyword(s) / Subject(s):||Power-biased technical change, Skill bias, Efficiency wage, Inequality, Work intensity|
|School or Research Centre:||Birkbeck Schools and Research Centres > School of Business, Economics & Informatics > Management|
|Date Deposited:||23 Apr 2007|
|Last Modified:||17 Apr 2013 12:33|
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