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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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Official URL: http://dx.doi.org/10.1016/j.econlet.2006.09.023

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.

Item Type: Article
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
Depositing User: Administrator
Date Deposited: 23 Apr 2007
Last Modified: 17 Apr 2013 12:33
URI: http://eprints.bbk.ac.uk/id/eprint/488

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