Article ID Journal Published Year Pages File Type
5061778 Economics Letters 2008 4 Pages PDF
Abstract

We study a growth model in which workers with different skill levels are imperfect substitutes. We show that economies with high substitutability between skilled and unskilled workers have high levels of capital, output, and a high proportion of skilled workers.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Skilled labor, unskilled labor, and economic growth
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