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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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
1994.
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Serier: | IMF Working Papers; Working Paper ;
No. 1994/111 |
Online adgang: | Full text available on IMF |