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...
Main Author: | |
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Other Authors: | , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2001.
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Series: | IMF Working Papers; Working Paper ;
No. 2001/133 |
Online Access: | Full text available on IMF |