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Human-capital investment and the wage gap


  • Meckl, Jürgen
  • Zink, Stefan


According to empirical studies, the relation between the relative wage of skilled workers and their relative supply is U-shaped. This finding is explained by the effect of technological change on the incentives for humancapital investments made by heterogeneous individuals.

Suggested Citation

  • Meckl, Jürgen & Zink, Stefan, 2000. "Human-capital investment and the wage gap," Discussion Papers, Series I 307, University of Konstanz, Department of Economics.
  • Handle: RePEc:zbw:kondp1:307

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    References listed on IDEAS

    1. Oded Galor & Omer Moav, 2000. "Ability-Biased Technological Transition, Wage Inequality, and Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 115(2), pages 469-497.
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    1. repec:wsi:wschap:9789813224919_0012 is not listed on IDEAS
    2. Jürgen Meckl & Stefan Zink, 2004. "Solow and heterogeneous labour: a neoclassical explanation of wage inequality," Economic Journal, Royal Economic Society, vol. 114(498), pages 825-843, October.
    3. Hartmut Egger & Udo Kreickemeier, 2017. "Fairness, Trade, and Inequality," World Scientific Book Chapters,in: International Trade and Labor Markets Welfare, Inequality and Unemployment, chapter 12, pages 339-380 World Scientific Publishing Co. Pte. Ltd..

    More about this item


    Wage inequality; human-capital investment;

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials


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