Horizontal and Vertical Polarization: Task-Specific Technological Change in a Multi-Sector Economy∗

Abstract

We develop a novel framework that integrates an economy’s skill distribution with its occupational and industrial structure. Individuals become a manager or a worker based on their managerial vs. worker skills, and workers further sort into different occupations ranked by skill content. Our theory dictates that faster technological progress for middle-skill… (More)

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Cite this paper

@inproceedings{Lee2016HorizontalAV, title={Horizontal and Vertical Polarization: Task-Specific Technological Change in a Multi-Sector Economy∗}, author={Sang Yoon Lee and Yongseok Shin}, year={2016} }