English, Article, Journal or magazine article edition: Skill-Biased Technical Change and Wage Inequality: The U.S. versus Europe Ryosuke Okazawa

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Bookmark: http://trove.nla.gov.au/version/45904
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Skill-Biased Technical Change and Wage Inequality: The U.S. versus Europe
Author
  • Ryosuke Okazawa
Physical Description
  • preprint
Notes
  • This paper analyzes the effect of the recent technical change on the labor market and explains the observed differences in wage inequality among advanced countries. In particular, we focus on the difference between the wage inequality in the U.S. and continental Europe. By introducing human capital investment into Acemoglu (1999)’s model, we show that ex ante homogeneous economies would have distinct ex post wage inequality. In addition, we show that the differences in tax or education system can explain the difference in wage inequality between the U.S. and Europe.
  • skill-biased technical change, wage inequality, human capital investment, matching
  • RePEc:kyo:wpaper:674
Language
  • English
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