Many economies include Canada experienced skill-biased technological change. The neoclassical theory of distribution predicts skill-biased technological change (Select] the demand for high-skilled...


Many economies include Canada experienced skill-biased technological change. The neoclassical theory<br>of distribution predicts skill-biased technological change (Select]<br>the demand for<br>high-skilled workers. However, a slowdown in the pace of educational advancement reduces the supply<br>of skilled workers. If we observed both phenomena simultaneously, we would expect<br>[ Select]<br>real wages for skilled workers.<br>

Extracted text: Many economies include Canada experienced skill-biased technological change. The neoclassical theory of distribution predicts skill-biased technological change (Select] the demand for high-skilled workers. However, a slowdown in the pace of educational advancement reduces the supply of skilled workers. If we observed both phenomena simultaneously, we would expect [ Select] real wages for skilled workers.

Jun 09, 2022
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