G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2486
DP2486 Who Gains when Workers Train? Training and Corporate Productivity in a Panel of British Industries
John Van Reenen; Lorraine Dearden; Howard Reed
发表日期2000-06-27
出版年2000
语种英语
摘要This paper develops a theoretical model to analyse how a General Purpose Technology (GPT) shapes within-group wage inequality when workers are ex-ante equal, but their adaptability to new technologies is subject to stochastic factors that are history dependent. It is argued that the diffusion of a GPT leverages the importance of these stochastic factors in three ways. First, a rise in the speed of embodied technological progress raises the market premium to workers adaptable to the leading-edge technology. Second, the generality of the technology raises the ability of adaptable workers to transfer recently acquired knowledge to new machines. Third, the generality of the technology reduces the cost of retooling old machines, which increases the demand for adaptable workers. In the model the rise in within-group inequality is mainly transitory, and is mirrored by a rise in wage instability. The key predictions of the model are shown to be in line with some of the existing empirical evidence.
主题International Macroeconomics ; Labour Economics
关键词General purpose technology History-dependence Inequality Skill transferability Technological progress
URLhttps://cepr.org/publications/dp2486
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/531563
推荐引用方式
GB/T 7714
John Van Reenen,Lorraine Dearden,Howard Reed. DP2486 Who Gains when Workers Train? Training and Corporate Productivity in a Panel of British Industries. 2000.
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