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Power, Productivity and Profits
Economics Department Working Paper Series
  • Frederick Guy
  • Peter Skott, University of Massachusetts - Amherst
Working Paper Number
2007-02
Publication Date
2007
Abstract

New information and communication technologies, we argue, have been .power- biased.: in many industries they have allowed firms to monitor workers more closely, thus reducing the power of these workers. An efficiency wage model shows that .power- biased technical change’ in this sense may generate rising inequality accompanied by an increase in both unemployment and work intensity.

Disciplines
DOI
https://doi.org/10.7275/1068974
Citation Information
Frederick Guy and Peter Skott. "Power, Productivity and Profits" (2007)
Available at: http://works.bepress.com/peter_skott/4/