IDEAS home Printed from https://ideas.repec.org/a/kap/jeczfn/v81y2004i1p1-24.html
   My bibliography  Save this article

Endogenous Skilled-biased Technological Change and Matching Unemployment

Author

Listed:
  • Manfred Stadler
  • Rüdiger Wapler

Abstract

This paper presents a general-equilibrium model of endogenous skilled-biased technological change and matching unemployment in a disaggregated economy. We simultaneously endogenise both the direction and pace of technological change as well as the unemployment rates. We show that an increase in the supply of high-skilled labour can explain skilled-biased technological change, a reduction in high-skilled unemployment and a rise in the high-skilled wage differential. In accordance with convincing empirical evidence, the high-skilled suffer from shorter and fewer spells of unemployment.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Manfred Stadler & Rüdiger Wapler, 2004. "Endogenous Skilled-biased Technological Change and Matching Unemployment," Journal of Economics, Springer, vol. 81(1), pages 1-24, January.
    • Handle: RePEc:kap:jeczfn:v:81:y:2004:i:1:p:1-24
    DOI: 10.1007/s00712-003-0014-1
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s00712-003-0014-1
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s00712-003-0014-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Bascha, Andreas, 1998. "Venture Capital, Convertible Securities und die Durchsetzung optimaler Exitregeln," Tübinger Diskussionsbeiträge 147, University of Tübingen, School of Business and Economics.
    2. Baten, Jörg, 2001. "Produktivitätsvorteil in kleinen und mittelgroßen Industrieunternehmen, Sicherheit in Großunternehmen? Die Gesamtfaktorproduktivität um 1900," Tübinger Diskussionsbeiträge 217, University of Tübingen, School of Business and Economics.
    3. Robert C. Jung & Andrew R. Tremayne, 2000. "Testing Serial Dependence in Time Series Models of Counts," Econometric Society World Congress 2000 Contributed Papers 1563, Econometric Society, revised 22 Mar 2001.
    4. Daron Acemoglu, 1999. "Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence," American Economic Review, American Economic Association, vol. 89(5), pages 1259-1278, December.
    5. Baten, Jörg, 2001. "Expansion und Überleben von Unternehmen in der Ersten Phase der Globalisierung," Tübinger Diskussionsbeiträge 215, University of Tübingen, School of Business and Economics.
    6. Schnabl, Gunther & Baur, Dirk, 2002. "Purchasing power parity: Granger causality tests for the yen-dollar exchange rate," Japan and the World Economy, Elsevier, vol. 14(4), pages 425-444, December.
    7. Starbatty, Joachim, 2000. "Struktur- und Industriepolitik in einer Welt konstitutioneller Unwissenheit," Tübinger Diskussionsbeiträge 184, University of Tübingen, School of Business and Economics.
    8. Daron Acemoglu, 1998. "Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(4), pages 1055-1089.
    9. Starbatty, Joachim, 1998. "Schicksalhafte Entscheidung und politische Argumentation: Bundestag und Bundesrat zum Euro," Tübinger Diskussionsbeiträge 154, University of Tübingen, School of Business and Economics.
    10. Wapler, Rüdiger, 1999. "Dual labour markets: A survey," Tübinger Diskussionsbeiträge 166, University of Tübingen, School of Business and Economics.
    11. Duijm, Bernhard, 2000. "A first evaluation of the institutional framework for European monetary policy," Tübinger Diskussionsbeiträge 195, University of Tübingen, School of Business and Economics.
    12. Kukuk, Martin, 1998. "Indirect estimation of linear models with ordinal regressors: A Monte Carlo study and some empirical illustrations," Tübinger Diskussionsbeiträge 155, University of Tübingen, School of Business and Economics.
    13. Martin Kukuk & Manfred Stadler, 2001. "Financing Constraints and the Timing of Innovations in the German Services Sector," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 28(3), pages 277-292, September.
    14. Cansier, Adrienne & Cansier, Dieter, 1999. "Umweltstandards bei Unsicherheit aus entscheidungstheoretischer Sicht," Tübinger Diskussionsbeiträge 170, University of Tübingen, School of Business and Economics.
    15. Stadler, Manfred & Hornig, Stephan O., 2000. "Wettbewerb bei unvollständiger Information: Informationsaustausch oder stillschweigende Kollusion?," Tübinger Diskussionsbeiträge 177, University of Tübingen, School of Business and Economics.
    16. Heilig, Stephan & Schöbel, Rainer, 2001. "Controlling chaos in a model with heterogeneous beliefs," Tübinger Diskussionsbeiträge 205, University of Tübingen, School of Business and Economics.
    17. Stadler, Manfred, 1999. "Stochastische Innovations- und Wachstumszyklen," Tübinger Diskussionsbeiträge 167, University of Tübingen, School of Business and Economics.
    18. Bayer, Stefan & Kemfert, Claudia, 2000. "Reaching national Kyoto-targets in Germany by maintaining a sustainable development," Tübinger Diskussionsbeiträge 197, University of Tübingen, School of Business and Economics.
    19. Eisele, Florian & Neus, Werner & Walter, Andreas, 2001. "Zinsswaps: Funktionsweise, Bewertung und Diskussion," Tübinger Diskussionsbeiträge 203, University of Tübingen, School of Business and Economics.
    20. Nufer, Gerd, 1998. "Event-Sponsoring: Am Beispiel der Fußball-Weltmeisterschaft 1998 in Frankreich ; Kritik und Implikationen für die Praxis," Tübinger Diskussionsbeiträge 151, University of Tübingen, School of Business and Economics.
    21. Baten, Jörg, 2001. "Große und kleine Unternehmen in der Krise von 1900 - 1902," Tübinger Diskussionsbeiträge 216, University of Tübingen, School of Business and Economics.
    22. Hornig, Stephan O., 1999. "Informationsaustausch und trotzdem Wettbewerb? Unternehmensverhalten bei Nachfrageunsicherheit," Tübinger Diskussionsbeiträge 160, University of Tübingen, School of Business and Economics.
    23. Baten, Jörg, 2001. "Neue Quellen für die unternehmenshistorische Analyse," Tübinger Diskussionsbeiträge 214, University of Tübingen, School of Business and Economics.
    24. Kukuk, Martin, 1998. "Analyzing ordered categorical data derived from elliptically symmetric distributions," Tübinger Diskussionsbeiträge 156, University of Tübingen, School of Business and Economics.
    25. Gunther Schnabl, 2001. "Weak Economy and Strong Currency: The Origins of the Strong Yen in the 1990s," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 70(4), pages 489-503.
    26. Bühler, Wolfgang & Korn, Olaf & Schöbel, Rainer, 2000. "Pricing and hedging of oil futures: A unifying approach," Tübinger Diskussionsbeiträge 190, University of Tübingen, School of Business and Economics.
    27. Fehr, Hans, 1998. "Privatization of public pensions in Germany: Who gains and how much?," Tübinger Diskussionsbeiträge 148, University of Tübingen, School of Business and Economics.
    28. Kiesewetter, Dirk & Niemann, Rainer, 2001. "Beiträge und Rentenzahlungen in einer entscheidungsneutralen Einkommensteuer [Contributions and pension payments in a decision-neutral income tax]," MPRA Paper 27324, University Library of Munich, Germany.
    29. Bayer, Stefan & Cansier, Dieter, 1999. "Kyoto-Mechanismen und globaler Klimaschutz: Die Rolle handelbarer Emissionsrechte," Tübinger Diskussionsbeiträge 163, University of Tübingen, School of Business and Economics.
    30. Opper, Sonja & Starbatty, Joachim, 1999. "Menschenrechte und die Globalisierung der Wirtschaft: Konflikt oder Chance?," Tübinger Diskussionsbeiträge 158, University of Tübingen, School of Business and Economics.
    31. Hornig, Stephan & Stadler, Manfred, 2000. "No information sharing in oligopoly: The case of price competition with cost uncertainty," Tübinger Diskussionsbeiträge 194, University of Tübingen, School of Business and Economics.
    32. Wapler, Rüdiger, 2001. "Unions, growth and unemployment," Tübinger Diskussionsbeiträge 206, University of Tübingen, School of Business and Economics.
    33. Starbatty, Joachim, 2001. "Globalisierung und die EU als sicherer Hafen: Einige ordnungspolitische Anmerkungen," Tübinger Diskussionsbeiträge 211, University of Tübingen, School of Business and Economics.
    34. Hirth, Hans, 1998. "Modelle zur Marktmikrostruktur," Tübinger Diskussionsbeiträge 146, University of Tübingen, School of Business and Economics.
    35. Jung, Robert & Tremayne, Andrew R., 2001. "Testing serial dependence in time series models of counts against some INARMA alternatives," Tübinger Diskussionsbeiträge 204, University of Tübingen, School of Business and Economics.
    36. Hornig, Stephan O., 2000. "When do firms exchange information?," Tübinger Diskussionsbeiträge 181, University of Tübingen, School of Business and Economics.
    37. Stadler, Manfred, 2000. "Demand pull and technology push effects in the quality ladder model," Tübinger Diskussionsbeiträge 172, University of Tübingen, School of Business and Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Martin Zagler, 2009. "Economic growth, structural change, and search unemployment," Journal of Economics, Springer, vol. 96(1), pages 63-78, January.
    2. Pitterle, Ingo A. & Steffen, Dirk, 2004. "Welfare effects of fiscal policy under alternative exchange rate regimes: the role of the scale variable of money demand," MPRA Paper 13047, University Library of Munich, Germany, revised Oct 2004.
    3. Koepke, Nikola & Baten, Joerg, 2005. "The biological standard of living in Europe during the last two millennia," European Review of Economic History, Cambridge University Press, vol. 9(1), pages 61-95, April.
    4. Stadler, Manfred, 2003. "Innovation and growth: The role of labor-force qualification," Tübinger Diskussionsbeiträge 255, University of Tübingen, School of Business and Economics.
    5. Baten, Jörg & Wallusch, Jacek, 2003. "Market integration and disintegration of Poland and Gemany [Germany] in the 18th century," Tübinger Diskussionsbeiträge 268, University of Tübingen, School of Business and Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Stadler, Manfred, 2003. "Innovation and growth: The role of labor-force qualification," Tübinger Diskussionsbeiträge 255, University of Tübingen, School of Business and Economics.
    2. Koepke, Nikola & Baten, Joerg, 2005. "The biological standard of living in Europe during the last two millennia," European Review of Economic History, Cambridge University Press, vol. 9(1), pages 61-95, April.
    3. Baten, Jörg & Wallusch, Jacek, 2003. "Market integration and disintegration of Poland and Gemany [Germany] in the 18th century," Tübinger Diskussionsbeiträge 268, University of Tübingen, School of Business and Economics.
    4. Pitterle, Ingo A. & Steffen, Dirk, 2004. "Welfare effects of fiscal policy under alternative exchange rate regimes: the role of the scale variable of money demand," MPRA Paper 13047, University Library of Munich, Germany, revised Oct 2004.
    5. Borghans, Lex & Weel, Bas ter, 2001. "What happens when agent T gets a computer?," Research Memorandum 017, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    6. Cecilia Garcia-Penalosa & Eve Caroli & Philippe Aghion, 1999. "Inequality and Economic Growth: The Perspective of the New Growth Theories," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1615-1660, December.
    7. Walde, Klaus, 2000. "Egalitarian and elitist education systems as the basis for international differences in wage inequality," European Journal of Political Economy, Elsevier, vol. 16(3), pages 445-468, September.
    8. Hartmut Egger & Volker Grossmann, 2005. "The Double Role Of Skilled Labor, New Technologies And Wage Inequality," Metroeconomica, Wiley Blackwell, vol. 56(1), pages 37-57, February.
    9. Gray, Rowena, 2013. "Taking technology to task: The skill content of technological change in early twentieth century United States," Explorations in Economic History, Elsevier, vol. 50(3), pages 351-367.
    10. Michal Jerzmanowski & Malhar Nabar, 2013. "Financial Development And Wage Inequality: Theory And Evidence," Economic Inquiry, Western Economic Association International, vol. 51(1), pages 211-234, January.
    11. Abdih, Yasser & Chami, Ralph & Dagher, Jihad & Montiel, Peter, 2012. "Remittances and Institutions: Are Remittances a Curse?," World Development, Elsevier, vol. 40(4), pages 657-666.
    12. Ghignoni, Emanuela & Verashchagina, Alina, 2014. "Educational qualifications mismatch in Europe. Is it demand or supply driven?," Journal of Comparative Economics, Elsevier, vol. 42(3), pages 670-692.
    13. Hornstein, Andreas & Krusell, Per & Violante, Giovanni L., 2005. "The Effects of Technical Change on Labor Market Inequalities," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 20, pages 1275-1370, Elsevier.
    14. Daron Acemoglu, 2003. "Cross-Country Inequality Trends," Economic Journal, Royal Economic Society, vol. 113(485), pages 121-149, February.
    15. Gupta, Manash Ranjan & Dutta, Priya Brata, 2012. "Skilled–unskilled wage inequality, product variety, public input and increasing returns: A static general equilibrium analysis," Economic Modelling, Elsevier, vol. 29(2), pages 502-513.
    16. Priya Brata Dutta & Niladri Saha, 2024. "Impact of Trade Liberalisation on Wage Inequality and Skill Formation: A Theoretical Analysis," Foreign Trade Review, , vol. 59(4), pages 501-533, November.
    17. David H. Autor & Lawrence F. Katz & Melissa S. Kearney, 2005. "Trends in U. S. Wage Inequality: Re-Assessing the Revisionists," Harvard Institute of Economic Research Working Papers 2095, Harvard - Institute of Economic Research.
    18. Nahuis, Richard & Smulders, Sjak, 2002. "The Skill Premium, Technological Change and Appropriability," Journal of Economic Growth, Springer, vol. 7(2), pages 137-156, June.
    19. repec:ehu:biltok:5704 is not listed on IDEAS
    20. Malhar Nabar & Michal Jerzmanowski, 2007. "Financial Development and Wage Inequality: Theory and Evidence from US States," 2007 Meeting Papers 890, Society for Economic Dynamics.
    21. Leonardi, Marco, 2002. "Product Demand Shifts and Wage Inequality," Royal Economic Society Annual Conference 2002 125, Royal Economic Society.

    More about this item

    Keywords

    skilled-biased technological change; matching unemployment; J64; O31; O41;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jeczfn:v:81:y:2004:i:1:p:1-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.