Labor heterogeneity, inequality and institutional change

Authors

Peter Skott, University of Massachusetts AmherstFollow

Working Paper Number

2010-09

Publication Date

2010

Abstract

US earnings inequality has increased dramatically since the 1970s, and the prospect of a reversal depends on what caused the trend. The standard explanation emphasizes skill-biased technical change. This paper briefly considers some aggregation issues and then proceeds to outline two alternative perspectives .power biased technical change and the effects of induced mismatch in the labor market .and their implications.

DOI

https://doi.org/10.7275/3317857

Recommended Citation

Skott, Peter, "Labor heterogeneity, inequality and institutional change" (2010). Economics Department Working Paper Series. 104.
https://doi.org/10.7275/3317857