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A model of power-biased technological change

Article ID Journal Published Year Pages File Type
5062483 Economics Letters 2007 8 Pages PDF
Abstract
New technologies have allowed firms to monitor low-skill workers more closely, thus reducing the power of these workers. We show that this 'power-biased' change may generate rising wage inequality and increases in the work intensity and unemployment of low-skill workers.
Keywords
O33J31Skill biasEfficiency wageWork intensityInequality
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
A model of power-biased technological change
Authors
Peter Skott, Frederick Guy,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
O33
J31
Skill bias
Efficiency wage
Work intensity
Inequality
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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