| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w22176
|
| 来源ID | Working Paper 22176
|
| Technology, Skill and the Wage Structure |
| Nancy L. Stokey
|
| 发表日期 | 2016-04-18
|
| 出版年 | 2016
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| 语种 | 英语
|
| 摘要 | Technical change, even if it is limited in scope, can have employment, output, price and wage effects that ripple through the whole economy. This paper uses a flexible and tractable framework, with heterogeneous workers and technologies, and many tasks/goods, to analyze the general equilibrium effects of technical change for a limited set of tasks. Output increases and price falls for tasks that are directly affected. The effects on employment depend on the elasticity of substitution across tasks/goods. For high elasticities, employment expands to a group of more skilled workers. Hence for tasks farther up the technology ladder, employment falls, output declines, and prices and wages rise. For low elasticities, employment at affected tasks contracts among less skilled workers, as they shift to complementary tasks with unchanged technologies. In all cases, the output, price and wage changes are damped for more distant tasks, both above and below the affected group. |
| 主题 | Microeconomics
; General Equilibrium
; Macroeconomics
; Consumption and Investment
; Development and Growth
; Innovation and R&
; D
; Growth and Productivity
|
| URL | https://www.nber.org/papers/w22176
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579850
|
推荐引用方式
GB/T 7714 |
Nancy L. Stokey. Technology, Skill and the Wage Structure. 2016.
|
|
文件名：
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w22176.pdf
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格式：
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Adobe PDF
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