Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/64215
Authors: 
Guy, Frederick
Skott, Peter
Year of Publication: 
2007
Series/Report no.: 
Working Paper, University of Massachusetts, Department of Economics 2007-02
Abstract: 
New information and communication technologies, we argue, have been 'power-biased': in many industries they have allowed firms to monitor workers more closely, thus reducing the power of these workers. An efficiency wage model shows that 'power-biased technical change' in this sense may generate rising inequality accompanied by an increase in both unemployment and work intensity.
Subjects: 
power-biased technical change
efficiency wages
inequality
work intensity
JEL: 
J31
O33
Document Type: 
Working Paper

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