This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

American Economic Review: Vol. 89 No. 5 (December 1999)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

AER - All Issues

AER Forthcoming Articles

Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence

Article Citation

Acemoglu, Daron. 1999. "Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence." American Economic Review, 89(5): 1259-1278.

DOI: 10.1257/aer.89.5.1259

Abstract

I present a model where firms decide what types of jobs to create and then search for suitable workers. When there are few skilled workers and the skilled-unskilled productivity gap is small, firms create a single type of job and recruit all workers. An increase in the proportion of skilled workers or skill-biased technical change can create a qualitative change in the composition of jobs, increasing the demand for skills, wage inequality, and unemployment. I provide some evidence that there has been a change in the composition of jobs in the United States during the past two decades.

Article Full-Text Access

Full-text Article

Authors

Acemoglu, Daron (MIT)

JEL Classifications

J64: Unemployment: Models, Duration, Incidence, and Job Search
J31: Wage Level and Structure; Wage Differentials
J23: Labor Demand


American Economic Review


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AER - All Issues

AER - Forthcoming Articles

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us