English, Article, Journal or magazine article edition: Capital Intensity, Neutral Technological Change, and Earnings Inequality Michael Sattinger

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Bookmark: http://trove.nla.gov.au/version/137650
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Capital Intensity, Neutral Technological Change, and Earnings Inequality
Author
  • Michael Sattinger
Physical Description
  • preprint
Notes
  • RePEc:wop:snyaec:03-05
  • The paper furthers the neoclassical theory of earnings inequality. The inequality multiplier is derived as the amount by which inequality in skills must be multiplied to yield earnings inequality. Neutral technological change and the real interest rate affect inequality by changing capital per worker. The effect of capital per worker on the inequality multiplier is related to skill differentials and capital-skill complementarity. The results explain increasing inequality from the mid 1970's into the 1990's.
  • RePEc:nya:albaec:03-05
Language
  • English
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