Why the Kursnets Curve Will Always Reverse ?

Crifo-Tillet, Patricia;Lehmann, Etienne
(2001)

Files

2001-36.pdf
  • Open Access
  • Adobe PDF
  • 4.99 MB
Download

Details

Authors
  • Crifo-Tillet, Patricia
    Author
  • Lehmann, Etienne
    Author
Abstract
In this paper, we develop a model of innovation-based growth to address the issue of skill-biased technical change over the long run. We show that innovations fluctuate endogenously from skill-intensive to unskilled-intensive sectors, thereby generating perriods of increasing and decreasing wage inequality. This could contribute to explain that technological progress exerts a non monotonic pressure on wage inequality over the long run.
Affiliations

Citations

  • APA
  • Chicago
  • FWB

Crifo-Tillet, P., & Lehmann, E. (2001). Why the Kursnets Curve Will Always Reverse ? (ECON Working Papers 2001/36). https://hdl.handle.net/2078.5/130102