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.
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