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Author:Aghion, P.
Howitt, P.
Violante, G. L.
Title:General purpose technology and wage inequality
Journal:Journal of Economic Growth
2002 : DEC, VOL. 7:4, p. 315-345
Index terms:Information technology
Technology transfer
Pay
Inequality
Competitive advantage
Language:eng
Abstract:The recent changes in the US wage structure are often linked to the new wave of capital-embodied information technologies. The author formalizes the idea of generality of technology in two ways, one related to human capital and one to physical capital and studies the impact of an increase in these two dimensions of technological generality on equilibrium wage inequality.
SCIMA record nr: 245529
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