search query: @indexterm LABOUR / total: 430
reference: 194 / 430
« previous | next »
Author:Kiley, M.
Title:The supply of skilled labour and skill-biased technological progress
Journal:Economic Journal
1999 : OCT, VOL. 109:458, p. 708-724
Index terms:ECONOMICS
SKILLED WORKERS
LABOUR
Language:eng
Abstract:This paper presents a model in which the adoption of skill-biased or "unksilled-biased" technologies is endogenous. In this model of endogenous technology choice, an increase in the supply of skilled labour leads to a temporary fall in the skill premium, followed by an expanding gap between the wages of skilled and unskilled workers as technologies adjust towards the more skill-intensive mix appropriate for the greater skill of the workforce.
SCIMA record nr: 203827
add to basket
« previous | next »
SCIMA