| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 966178 | Journal of Macroeconomics | 2008 | 7 Pages |
Abstract
The implications of ICT on wage inequality are studied by applying a CES production function with skilled and unskilled labour. Skill-biased technological change increases wage inequality. The result is reinforced in a two-sector general equilibrium model if the income elasticity of the demand for high-tech goods and the elasticity of substitution between final goods are larger than one.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Theo van de Klundert,