Economics Department Working Paper Series
Working Paper Number
2007-02
Publication Date
2007
Abstract
New information and communication technologies, we argue, have been .power- biased.: in many industries they have allowed firms to monitor workers more closely, thus reducing the power of these workers. An efficiency wage model shows that .power- biased technical change’ in this sense may generate rising inequality accompanied by an increase in both unemployment and work intensity.
Recommended Citation
Guy, Frederick and Skott, Peter, "Power, Productivity and Profits" (2007). Economics Department Working Paper Series. 36.
Retrieved from https://scholarworks.umass.edu/econ_workingpaper/36