A Neo-Kaleckian model of skill-biased technological change and income distribution
| dc.creator | Antonio Soares Martins Neto | |
| dc.creator | Rafael Saulo Marques Ribeiro | |
| dc.date.accessioned | 2023-05-19T20:18:44Z | |
| dc.date.accessioned | 2025-09-09T00:21:29Z | |
| dc.date.available | 2023-05-19T20:18:44Z | |
| dc.date.issued | 2019-07 | |
| dc.identifier.doi | https://doi.org/10.4337/roke.2019.03.02 | |
| dc.identifier.issn | 20495331 | |
| dc.identifier.uri | https://hdl.handle.net/1843/53684 | |
| dc.language | por | |
| dc.publisher | Universidade Federal de Minas Gerais | |
| dc.relation.ispartof | Elgar | |
| dc.rights | Acesso Restrito | |
| dc.subject | Inovações tecnológicas | |
| dc.subject | Renda - Distribuição | |
| dc.subject.other | Technological change | |
| dc.subject.other | Income distribution | |
| dc.subject.other | Education | |
| dc.title | A Neo-Kaleckian model of skill-biased technological change and income distribution | |
| dc.type | Artigo de periódico | |
| local.citation.epage | 307 | |
| local.citation.spage | 292 | |
| local.citation.volume | 7 | |
| local.description.resumo | This article proposes a macrodynamic model that takes into account the joint determination of intra-working-class income distribution and knowledge-intensive technological change. Our model highlights two opposing effects of technological change at play: (i) technological innovation promotes a positive structural change and hence boosts net exports and output growth; (ii) technological change, on the other hand, disproportionately affects unskilled workers, which worsens the intra-working-class income distribution and slows down economic growth. Therefore, our model demonstrates that the net impact of technological change on capital accumulation and output growth is ambiguous and hence is a parametric question. Lastly, we show that income transfer and public investments in higher education may be of paramount importance to alleviating the unwanted effects of a contractionary wave of technological change and so promoting a sustained economic recovery. | |
| local.identifier.orcid | https://orcid.org/0000-0002-7067-9130 | |
| local.identifier.orcid | https://orcid.org/0000-0002-2355-2460 | |
| local.publisher.country | Brasil | |
| local.publisher.department | FCE - DEPARTAMENTO DE CIÊNCIAS ECONÔMICAS | |
| local.publisher.initials | UFMG | |
| local.url.externa | https://www.elgaronline.com/view/journals/roke/7-3/roke.2019.03.02.xml?tab_body=abstract |
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