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Scale-Independent Technological-Knowledge Bias, Human-Capital Accumulation and Gender Inequality
註釋We present a dynamic, non-scale general-equilibrium model with female and male human capital where Schumpeterian R&D and human-capital accumulation are the engines of growth and gender wage inequality. Gender wage inequality is encouraged by changes in relative supply and relative demand of both human-capital types. Relative supply restricts the levels of employed human capital. Relative demand is affected by the technological-knowledge bias, which is driven by the price channel and is affected by human-capital accumulation. In particular, the female-premium per unit of human capital and per worker increases when the observed discrimination against women decreases or is removed.