Balleer, Almut; van Rens, Thijs - Institute for the Study of Labor (IZA) - 2009
-skill
complementarity, business cycle
Corresponding author:
Thijs van Rens
Centre de Recerca en Economia Internacional (CREI …-skill complementarity in the aggregate production
function, explains the cyclical behavior of the skill premium. We discuss his argument in … investment goods producing sector. An aggregate pro-
duction function that allows for capital-skill complementarity is a slightly …