<oai_dc:dc xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd">
  <dc:creator>Grossmann, Volker</dc:creator>
  <dc:date>2000</dc:date>
  <dc:description xmlns:ns0="xml" ns0:lang="en">This paper analyzes the labor market effects of an increase in incentives in raising total factor productivity and, thus, reallocating high-skilled labor from production to non-production (i.e., R&amp;D) activities. Within an endogenous growth framework, it is shown that such a reallocation of skilled labor depresses the demand for low-skilled labor. Contrary to the standard view of skill-biased technological change, the relative marginal productivity of labor changes only because of relative employment effects. Moreover, the impact of social comparisons between high-skilled and low-skilled workers and within the group of low-skilled worker are examied.</dc:description>
  <dc:format>application/pdf</dc:format>
  <dc:identifier>https://folia.unifr.ch/global/documents/323683</dc:identifier>
  <dc:identifier>https://folia.unifr.ch/documents/323683/files/40752225.pdf</dc:identifier>
  <dc:language>eng</dc:language>
  <dc:rights>info:eu-repo/semantics/openAccess</dc:rights>
  <dc:rights>License undefined</dc:rights>
  <dc:source>Journal of Institutional and Theoretical Economics. - Mohr Siebeck GmbH &amp; Co. KG. - 2000, vol. 6, p. 473-500</dc:source>
  <dc:subject xmlns:ns1="xml" ns1:lang="en">Skilled labor</dc:subject>
  <dc:subject xmlns:ns2="xml" ns2:lang="en">Production</dc:subject>
  <dc:subject xmlns:ns3="xml" ns3:lang="en">R&amp;D</dc:subject>
  <dc:subject>info:eu-repo/classification/udc/33</dc:subject>
  <dc:title xmlns:ns4="xml" ns4:lang="en">Skilled Labor Reallocation, Wage Inequality, and Unskilled Unemployment</dc:title>
  <dc:type>http://purl.org/coar/resource_type/c_6501</dc:type>
</oai_dc:dc>