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Fernando Pueyo and Marcos Sanso
''Skill gaps: existence and efficiency''
( 2002, Vol. 15 No.6 )
Given the interdependences between human capital accumulation and technological change, skill gaps may arise in equilibrium. However, they are not necessarily inefficient, and in this paper we present a model in which the simple absence of such a skill gap can be inefficient.
Keywords: efficiency
JEL: O3 - Technological Change; Research and Development: General
O4 - Economic Growth and Aggregate Productivity: General
Manuscript Received : Sep 20 2002 Manuscript Accepted : Sep 25 2002

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