Technological Change, Relative Wages, and Unemployment /

This paper examines the effect of skill-biased technological change on the structure of wages, the composition of employment and the level of unemployment in a two-sector economy with a heterogenous work force. Efficiency wage considerations and minimum wage legislation lead to labor market segmenta...

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Bibliographic Details
Main Author: Aizenman, Joshua
Other Authors: Agenor, Pierre-Richard
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/111
Online Access:Full text available on IMF