Wage inequality and directed technological change: Implications for income distribution
Abstract
• The paper provides a review of the literature on the determinants of wage differences between small and large firms. • The technological choices of firms are at the same time the explanation and the result of wage differentials. • The increasing levels of income inequality are influenced by the capital intensive direction of technological change. • The paper explores the implications of the results to understanding the dynamics of income...
Paper Details
Title
Wage inequality and directed technological change: Implications for income distribution
Published Date
Apr 1, 2019
Volume
141
Pages
59 - 65
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