HUMAN CAPITAL, TECHNICAL CHANGE, AND THE WELFARE STATE
成果类型：
Article
署名作者：
Benabou, Roland
署名单位：
Princeton University; Institute for Advanced Study - USA; National Bureau of Economic Research
刊物名称：
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
ISSN/ISSBN：
1542-4766
DOI：
10.1162/154247603322391161
发表日期：
2003
页码：
522-532
关键词：
摘要：
I study the interactions between the distribution of human capital, technological choice, and redistributive institutions. I first ask what makes alternative social contracts such as a European-style welfare state and U.S.-style laissez-faire sustainable, and in particular how each is affected by skill-biased technical change. I then endogenize technological or organizational choice, and show that firms respond to greater human capital heterogeneity with more flexible technologies that further exacerbate wage equality. I then analyze the simultaneous determination of technology, income distribution, and redistributive institutions, and as well as spillovers between the social contracts of different countries. (JEL: D31, O33, J3, H10)
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