search query: @author Betts, J. / total: 3
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| Author: | Betts, J. |
| Title: | Technological change, sectoral shifts and the distribution of earnings: a human capital model |
| Journal: | Economica
1994 : NOV, VOL. 61:244, p. 475-492 |
| Index terms: | EARNINGS DISTRIBUTION HUMAN CAPITAL |
| Language: | eng |
| Abstract: | The paper studies the long-run effect of technological technological change on a heterogeneous labour market. The innovation's impact on the allocation of workers between industries and on the distribution of earnings depends critically on how the technical change alters skill requirements. Skill-using inventions, which raise productivity and skill requirements, increase inequality and tend to shift labour out of the innovating sector. Skill-neutral inventions cause neither changes in inequality nor, in general, sectoral shifts. |
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