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
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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Citations
Cites
Endogenous Technological Change
Romer, P. M. (1990) · Journal of Political Economy · doi:10.1086/261725 · Cited by 17,711
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Cited by
The Skill Content of Recent Technological Change: An Empirical Exploration
Autor, D. H., Levy, F., & Murnane, R. J. (2003) · The Quarterly Journal of Economics · doi:10.1162/003355303322552801 · Cited by 6,205
Skills, Tasks and Technologies: Implications for Employment and Earnings
Acemoglu, D., & Autor, D. (2011) · Handbook of Labor Economics · doi:10.1016/s0169-7218(11)02410-5 · Cited by 3,799
Acemoglu, D., & Restrepo, P. (2018) · American Economic Review · doi:10.1257/aer.20160696 · Cited by 3,121
Skills, Tasks and Technologies: Implications for Employment and Earnings
Acemoglu, D., & Autor, D. (2010) · doi:10.3386/w16082 · Cited by 2,180
Capital-skill Complementarity and Inequality: A Macroeconomic Analysis
(2000) · doi:10.1111/1468-0262.00150 · Cited by 2,106
Inequality and Economic Growth: The Perspective of the New Growth Theories
Aghion, P., Caroli, E., & García-Peñalosa, C. (1999) · Journal of Economic Literature · doi:10.1257/jel.37.4.1615 · Cited by 1,848
Technical change, inequality, and the labor market
Acemoglu, D. (2002) · Journal of Economic Literature · doi:10.1257/jel.40.1.7 · Cited by 1,767
Carbon Taxes, Path Dependency, and Directed Technical Change: Evidence from the Auto Industry
Aghion, P., Dechezleprêtre, A., Hémous, D., Martin, R., & Van Reenen, J. (2016) · Journal of Political Economy · doi:10.1086/684581 · Cited by 1,604
Outsourcing in a Global Economy
Grossman, G. M., & Helpman, E. (2005) · Review of Economic Studies · doi:10.1111/0034-6527.00327 · Cited by 920
Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence
Acemoglu, D. (1999) · American Economic Review · doi:10.1257/aer.89.5.1259 · Cited by 634
Self-citationBlanchard, O. J., Nordhaus, W. D., & Phelps, E. S. (1997) · Brookings Papers on Economic Activity · doi:10.2307/2534687 · Cited by 588
Acemoglu, D., & Restrepo, P. (2022) · The Review of Economic Studies · doi:10.1093/restud/rdab031 · Cited by 586
Self-citationArtificial Intelligence and Its Implications for Income Distribution and Unemployment
Korinek, A., & Stiglitz, J. (2017) · doi:10.3386/w24174 · Cited by 380
Trade and inequality in developing countries: a general equilibrium analysis
Zhu, S. C., & Trefler, D. (2005) · Journal of International Economics · doi:10.1016/j.jinteco.2003.11.005 · Cited by 372
A Theory of Defensive Skill-Biased Innovation and Globalization
Thoenig, M., & Verdier, T. (2003) · American Economic Review · doi:10.1257/000282803322157052 · Cited by 340
Violante, G. L. (2008) · The New Palgrave Dictionary of Economics · doi:10.1057/978-1-349-95121-5_2388-1 · Cited by 238
Acemoglu, D., & Restrepo, P. (2016) · doi:10.3386/w22252 · Cited by 406
The End of Economic Growth? Unintended Consequences of a Declining Population
Jones, C. I. (2022) · American Economic Review · doi:10.1257/aer.20201605 · Cited by 196
Carbon Leakage With International Technology Spillovers
Gerlagh, R., & Kuik, O. (2007) · SSRN Electronic Journal · doi:10.2139/ssrn.979915 · Cited by 161
How can robots affect wage inequality?
Lankisch, C., Prettner, K., & Prskawetz, A. (2019) · Economic Modelling · doi:10.1016/j.econmod.2018.12.015 · Cited by 129
The contribution of new technology to economic growth: lessons from economic history
Crafts, N. (2010) · Revista de Historia Económica / Journal of Iberian and Latin American Economic History · doi:10.1017/s0212610910000157 · Cited by 29
The paradox of value, directed technical change, and the relative abundance of the chemical elements
Boyce, J. R. (2019) · Resource and Energy Economics · doi:10.1016/j.reseneeco.2019.101114 · Cited by 13
Metadata
- Authors
- Acemoglu, D.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- 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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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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