Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/47525
Authors: 
Stadler, Manfred
Wapler, Rüdiger
Year of Publication: 
2001
Series/Report no.: 
Tübinger Diskussionsbeiträge 220
Abstract: 
This paper presents a general-equilibrium model of endogenous skilled-biased technological change and matching unemployment in a disaggregated economy. We simultaneously endogenise both the direction and pace of technological change as well as the unemployment rates. We show that an increase in the supply of high-skilled labour can explain skilled-biased technological change, a reduction in high-skilled unemployment and a rise in the high-skilled wage differential. In accordance with convincing empirical evidence, the high-skilled suffer from shorter and fewer spells of unemployment.
JEL: 
J21
J41
J64
O31
O41
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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