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Cited by 2,106

The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.

Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality

Acemoglu, D.·1998·The Quarterly Journal of Economics

Abstract

A high proportion of skilled workers in the labor force implies a large market size for skill-complementary technologies, and encourages faster upgrading of the productivity of skilled workers. As a result, an increase in the supply of skills reduces the skill premium in the short run, but then it induces skill-biased technical change and increases the skill premium, possibly even above its initial value. This theory suggests that the rapid increase in the proportion of college graduates in the United States labor force in the 1970s may have been a causal factor in both the decline in the college premium during the 1970s and the large increase in inequality during the 1980s.

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Metadata

Authors
Acemoglu, D.
Venue
The Quarterly Journal of Economics
Published
1998-11-01
Volume
113
Issue
4
Pages
1055-1089
ISSN
  • 0033-5533 (ISSN-L)
  • 1531-4650
OpenAlex
W2106315213
Cited by
2,106
References
4
FWCI
108.61
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality. https://app.cochat.ai/papers/10.1162/003355398555838
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Acemoglu, D. (1998). Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality. The Quarterly Journal of Economics. https://doi.org/10.1162/003355398555838

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.