Returns to Human Capital and Investment in New Technology

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 skill premium from playing its role in fostering... READ MORE...

Publication date: September 2001
ISBN 9781451855494
$15.00

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