Can Theories of Skill-Biased Technological Change Explain the Evolution of Wage Inequality in Finland since 1970?
Wage inequality has increased in many OECD countries since the 1970s. Many have explained this development in terms of skill-biased technological change. According to theories of skill-biased technological change, wage inequality is the result of a technology-induced increase in the demand for skills which has not been met by equal increases in the supply of skills. This paper explores the relatio