Directed technical change, the elasticity of substitution and wage inequality in developing countries
We develop a model of endogenous skill-biased technical change in developing countries. The model reconciles wildly dispersed existing estimates of the elasticity of substitution between more and less educated workers. It also produces an estimating equation for the elasticity, which allow us to p...
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University of Oxford
2009
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Directed technical change, the elasticity of substitution and wage inequality in developing countries.
Published 2009
Working paper