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Previous research has found evidence that wages in industries characterized as "high tech," or subject to higher rates of technological change, are higher. In addition, there is evidence that skill-biased technological change is responsible for the dramatic increase in the earnings of more...
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This paper examines the relationship between technological change and wages using pooled cross-sectional industry-level data and several alternative indicators of the rate of introduction of new technology. Our main finding is that industries with a high rate of technical change pay higher wages...
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Previous research has found evidence that wages in industries characterized as high tech,' or subject to higher rates of technological change, are higher. In addition, there is evidence that skill-biased technological change is responsible for the dramatic increase in the earnings of more...
Persistent link: https://www.econbiz.de/10012472883
A large fraction of the variation in wage levels and wage growth rates among individuals remains unexplained. Economists argue that unobservedʺ heterogeneity is among the more likely reasons for this unexplained variation in wages. The source of individual heterogeneity is typically attributed...
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