search query: @author Madsen, J. / total: 3
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| Author: | Madsen, J. |
| Title: | Wage gap and technology |
| Journal: | Kyklos
1994 : VOL. 47:1, p. 95-108 |
| Index terms: | PAY TECHNOLOGY EMPLOYMENT |
| Language: | eng |
| Abstract: | In this paper the real wage gap is estimated under the Cobb-Douglas, the constant elasticity of substitution and the translog technology assumptions for 22 OECD countries over the period 1960 to 1988. Employing pooled time-series and cross-section data, the extent to which the real wage gap path, under the different technology assumptions, has contributed to the unemployment path is estimated. The results indicate that the real wage gap is sensitive to technology assumptions and at best it has marginally contributed to changes in unemployment across countries and over time. |
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