search query: @indexterm complexity / total: 120
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Author: | Dalmazzo, A. |
Title: | Technological complexity, wage differentials and unemployment |
Journal: | Scandinavian Journal of Economics
2002 : VOL. 104:4, p. 515-530 |
Index terms: | Complexity Pay differentials Unemployment Technology |
Language: | eng |
Abstract: | The authors develops a model to analyse the relation between wages and technological complexity, as characterized by the "O-ring" theory of production, the adoption of a relatively complex technology induces the employer to pay higher wages. It is argued that the model can explain increased within-group wage inequality as a consequence of increased technological heterogeneity among firms. |
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