2002 SkillBiasedTechnologicalChangea

From GM-RKB
Jump to navigation Jump to search

Subject Headings: Wage Inequality, Technological Unemployment.

Notes

Cited By

2008

Quotes

Abstract

The rise in wage inequality in the U.S. labor market during the 1980s is usually attributed to skill-biased technical change (SBTC), associated with the development of personal computers and related information technologies. We review the evidence in favor of this hypothesis, focusing on the implications of SBTC for economy-wide trends in wage inequality, and for the evolution of wage differentials between various groups. A fundamental problem for the SBTC hypothesisis that wage inequality stabilized in the 1990s, despite continuing advances in computer technology. SBTC also fails to explain the closing of the gender gap, the stability of the racial wage gap, and the dramatic rise in education-related wage gaps for younger versus older workers. We conclude that the SBTC hypothesisis not very helpful in understanding the myriad shifts in the structure of wages that have occurred over the past three decades.

References

;

 AuthorvolumeDate ValuetitletypejournaltitleUrldoinoteyear
2002 SkillBiasedTechnologicalChangeaDavid Card
John E DiNardo
Skill Biased Technological Change and Rising Wage Inequality: Some Problems and Puzzles2002