Returns to Human Capital and Investment in New Technology /

This paper presents a simple framework that illustrates the link between skill-based wage differentiation and human capital acquisition given skill-biased technical progress. The analysis points to the economic costs resulting from labor market and income redistribution policies that prevent the ski...

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Bibliographic Details
Main Author: Luzio, Rodolfo
Other Authors: Dunaway, Steven, Kaufman, Martin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/133
Online Access:Full text available on IMF