Skill heterogeneity and equilibrium unemployment

Oxford Economic Papers

Volumn 59, Issue 4, 2007, Pages 702-725

  Riley, Rebecca ^a   Young, Garry ^b  

^a NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH   (United Kingdom)

^b BANK OF ENGLAND   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC IMPACT; EMPIRICAL ANALYSIS; LABOR MARKET; MACROECONOMICS; SKILLED LABOR; TWENTIETH CENTURY; UNEMPLOYMENT;

EURASIA; EUROPE; UNITED KINGDOM; WESTERN EUROPE;

EID: 34848862545     PISSN: 00307653     EISSN: 14643812     Source Type: Journal    
DOI: 10.1093/oep/gpm011     Document Type: Article

References (44)

1. Acemoglu, D. (1998) Why do new technologies complement skills? Directed technical change and wage inequality, Quarterly Journal of Economics, 113, 1055-89.
2. Anderson, R. and Moroney, J. (1992) Substitution and complementarity with nested production, Economics Letters, 40 291-97.
3. Autor, D., Katz, L., and Krueger, A. (1998) Computing inequality: have computers changed the labor market?, Quarterly Journal of Economics, 113, 1169-214.
4. Autor, D., Levy, F., and Murnane, R. (2003) The skill content of recent technological change: An empirical exploration, Quarterly Journal of Economics, 118, 1279-333.
5. Autor, D., Levy, F., and Kearney, M. (2006) The polarization of the US labor market, Working Paper No. 11986, NBER, Cambridge, MA.
6. Berman, E., Bound, J., and Machin, S. (1998) Implications of skill-biased technological change: International evidence, Quarterly Journal of Economics, 113, 1245-79.
7. Betts, J. (1997) The skill bias of technological change in Canadian manufacturing industries, Review of Economics and Statistics 79, 146-50.
8. Binswanger, H. (1974) The measurement of technical change biases with many factors of production, American Economic Review, 64 964-76.
9. Blanchard, O. and Katz, L. (1997) The natural rate of unemployment, Journal of Economic Perspectives, 11, 51-72.
10. Blanden, J. and Machin, S. (2004) Inequality and the expansion of UK higher education, Scottish Journal of Political Economy, 51 230-249.
11. Bresnahan, T., Brynjolfsson, E., and Hitt, L. (2002) Information technology, workplace organization and the demand for skilled labor: firm level evidence, Quarterly Journal of Economics, 117, 339-76.
12. Caroli, E. and Van Reenen, J. (2001) Skill-biased organizational change? Evidence from a panel of British and French establishments, Quarterly Journal of Economics, 116, 1449-92.
13. Church, K., Mitchell, P., Sault, J., and Wallis, K. (1998) Technical progress and the natural rate in models of the UK economy, National Institute Economic Review, 164, 80-9.
14. Egerton, M. (2000) Monitoring contemporary student flows and characteristics: Secondary analyses using the Labour Force Survey and General Household Survey, Journal of the Royal Statistics Society, Series A, 163, 63-80.
15. Elias, P. and Purcell, K. (2004) Is mass higher education working? Evidence from the labour market experiences of recent graduates, National Institute Economic Review, 190, 60-74.
16. Freeman, R. (1986) Demand for education, in O. Ashenfelter and R. Layard (eds) Handbook of Labor Economics, Vol. 1, North-Holland, Amsterdam.
17. Goldin, C. and Katz, L. (1998) The origins of technology-skill complementarity, Quarterly Journal of Economics, 113, 693-732.
18. Goos, M. and Manning, A. (2007) Lousy and lovely jobs: The rising polarization of work in Britain, Review of Economics and Statistics 89, 118-33.
19. Green, F., Felstead, A., and Gallie, D. (2003) Computers and the changing skill-intensity of jobs, Applied Economics, 35, 1561-76.
20. Gregg, P. and Manning, A. (1997) Skill-biassed change, unemployment and wage inequality, European Economic Review, 41 1173-200.
21. Hamermesh, D. (1993) Labor Demand, Princeton University Press, Princeton, NJ.
22. Haskel, J. (1996) The decline in unskilled employment in UK manufacturing, Discussion Paper No. 1356, CEPR, London.
23. Haskel, J. and Heden, Y. (1999) Computers and the demand for skilled labour: Industry- and establishment-level panel evidence for the UK, Economic Journal, 109, C68-79.
24. Haskel, J. and Slaughter, M. (2001) Trades technology and UK wage inequality, Economic Journals, 111, 163-87.
25. Haskel, J. and Slaughter, M. (2002) Does the sector bias of skill-biased technological change explain changing skill premia?, European Economic Review, 46, 1757-83.
26. Hijzen, A., Görg, H., and Hine, R. (2005) International outsourcing and the skill structure of labour demand in the United Kingdom, Economic Journal, 115, 860-78.
27. Katz, L. and Murphy, K. (1992) Changes in relative wages, 1963-1987: Supply and demand factors, Quarterly Journal of Economics 108, 35-78.
28. Layard, R. and Nickell, S. (1987) Unemployment in Britain, in C. Bean, R. Layard, and S. Nickell (eds) The Rise in Unemployment, Basil Blackwell, Oxford.
29. Lemieux, T. (2006) Post-secondary education and increasing wage inequality, Working Paper No. 12077, NBER, Cambridge, MA.
30. Machin, S. and Van Reenen, J. (1998) Technology and changes in skill structure: Evidence from seven OECD countries, Quarterly Journal of Economics, 113, 1215-44.
31. Manacorda, M. and Petrongolo, B. (1999) Skill mismatch and unemployment in OECD countries, Economica, 66, 181-207.
32. Manning, A. (2004) We can work it out: The impact of technological change on the demand for low-skilled workers, Scottish Journal of Political Economy, 51, 581-608.
33. Metcalf, D. (2004) The impact of the National Minimum Wage on the pay distribution, employment and training, Economic Journal, 114, C84-6.
34. McVicar, D. and Rice, P. (2001) Participation in further education in England and Wales: An analysis of post-war trends, Oxford Economic Papers, 53, 47-66.
35. Mortensen, D. and Pissarides, C. (1999) Unemployment responses to 'skill-biased' technology shocks: The role of labour market policy, Economic Journal, 109, 242-65.
36. Nickell, S. and Bell, B. (1995) The collapse in demand for the unskilled and unemployment across the OECD, Oxford Review of Economic Policy, 11, 40-62.
37. O'Mahony, M. and Robinson, C. (2003) The growth of ICT and industry performance - manufacturing in the US and UK compared, National Institute Economic Review, 184, 60-73.
38. O'Mahony, M., Robinson, C., and Vecchi, M. (2006) The impact of ICT on the demand for skilled labour: A cross country comparison, paper presented at WPEG seminar, Department for Work and Pensions, Sheffield, January.
39. Oulton, N. and Young, G. (1996) How high is the social rate of return to fixed investment?, Oxford Review of Economic Policy, 12, 48-6.
40. Pain, N., Weale, M., and Young, G. (1997) Britain's fiscal problems, Economic Journal, 107, 1142-56.
41. Pesaran, M., Pierse, R., and Kumar, M. (1989) Econometric analysis of aggregation in the context of linear prediction models, Econometrica, 57, 861-88.
42. Sato, K. (1967) A two-level constant-elasticity-of-substitution production function, Review of Economic Studies, 34, 201-18.
43. Walker, I. and Zhu, Y. (2003) Education, earnings and productivity: Recent UK evidence, Labour Market Trends, 111, 145-152.
44. Wood, A. (1998) Globalisation and the rise in labour market inequalities, Economic Journal, 108, 1463-82.