Endogenous skilled-biased technological change and matching unemployment

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Dateien:
Aufrufstatistik

URI: http://nbn-resolving.de/urn:nbn:de:bsz:21-opus-19408
http://hdl.handle.net/10900/47404
Dokumentart: ResearchPaper
Date: 2001
Source: Tübinger Diskussionsbeiträge der Wirtschaftswissenschaftlichen Fakultät ; 220
Language: German
Faculty: 6 Wirtschafts- und Sozialwissenschaftliche Fakultät
Department: Wirtschaftswissenschaften
DDC Classifikation: 330 - Economics
Keywords: Technischer Fortschritt
License: Publishing license excluding print on demand
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Inhaltszusammenfassung:

This paper presents a general-equilibrium model of endogenous skilled-biased technological change and matching unemployment in a disaggregated economy. We simultaneously endogenise both the direction and pace of technological change as well as the unemployment rates. We show that an increase in the supply of high-skilled labour can explain skilled-biased technological change, a reduction in high-skilled unemployment and a rise in the high-skilled wage differential. In accordance with convincing empirical evidence, the high-skilled suffer from shorter and fewer spells of unemployment.

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