Power, Productivity and Profits

Authors

Frederick Guy
Peter Skott, University of Massachusetts - Amherst

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.

DOI

https://doi.org/10.7275/1068974

Recommended Citation

Guy, Frederick and Skott, Peter, "Power, Productivity and Profits" (2007). Economics Department Working Paper Series. 36.
https://doi.org/10.7275/1068974