The knowledge economy at the turn of the twentieth century: The emergence of hierarchies
成果类型：
Article; Proceedings Paper
署名作者：
Garicano, Luis; Rossi-Hansberg, Esteban
署名单位：
University of Chicago; Princeton University
刊物名称：
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
ISSN/ISSBN：
1542-4766
DOI：
10.1162/jeea.2006.4.2-3.396
发表日期：
2006
页码：
396-403
关键词：
摘要：
We use a simplified version of Garicano and Rossi-Hansberg (2005) to understand the impact of improvements in communications technology at the turn of the twentieth century on wages and organization. Improvements in communication technology allow individuals of different skills to abandon self-employment and form teams with each other. In particular, they allow high-skill agents to leverage their knowledge by specializing in the hardest tasks and hiring low-skill agents to do the routine tasks. Organization then exploits the complementarities between individual skills, which in turn affects the distribution of earnings.
来源URL：