Information technology revolution: : the distributional effects

The purpose of this work is to analyze the distributional effects of a new technology to acquire human capital by using computers; i.e an information technology revolution. We consider an overlapping generation model where the heterogeneity accross individuals is given by the bequest they receive an...

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Autores principales: Gutkowski, Violeta, Kozlowski, Julián, Sielecki, Micael
Otros Autores: Espino, Emilio
Formato: Tesis de grado acceptedVersion
Lenguaje:Inglés
Publicado: Universidad Torcuato Di Tella 2017
Materias:
Acceso en línea:http://repositorio.utdt.edu/handle/utdt/1610
Aporte de:
id I57-R16320.500.13098-1610
record_format dspace
institution Universidad Torcuato Di Tella
institution_str I-57
repository_str R-163
collection Repositorio Digital Universidad Torcuato Di Tella
language Inglés
orig_language_str_mv eng
topic Economía
Information technology -- Economic aspects
Tesis
spellingShingle Economía
Information technology -- Economic aspects
Tesis
Gutkowski, Violeta
Kozlowski, Julián
Sielecki, Micael
Information technology revolution: : the distributional effects
description The purpose of this work is to analyze the distributional effects of a new technology to acquire human capital by using computers; i.e an information technology revolution. We consider an overlapping generation model where the heterogeneity accross individuals is given by the bequest they receive and human capital is acquired through the use of computers. Our benchmark economy presents credit market frictions and a non-convexity in the technology to accumulate human capital which generate both inefficiencies and income distribution inequalities in equilibrium. Consequently, government intervention might be desirable. We present two different policies that guarantee the whole society a minimum level of computers. These policies differ in the duration of the intervention and the government financial policy (i.e taxes and debt). The possibility to implement these policies will depend on the initial wealth distribution and the interest rate faced by the government. We demonstrate that in our economy these interventions not only reduce inequalities but also increase total output.
author2 Espino, Emilio
author_facet Espino, Emilio
Gutkowski, Violeta
Kozlowski, Julián
Sielecki, Micael
format Tesis de grado
acceptedVersion
author Gutkowski, Violeta
Kozlowski, Julián
Sielecki, Micael
author_sort Gutkowski, Violeta
title Information technology revolution: : the distributional effects
title_short Information technology revolution: : the distributional effects
title_full Information technology revolution: : the distributional effects
title_fullStr Information technology revolution: : the distributional effects
title_full_unstemmed Information technology revolution: : the distributional effects
title_sort information technology revolution: : the distributional effects
publisher Universidad Torcuato Di Tella
publishDate 2017
url http://repositorio.utdt.edu/handle/utdt/1610
work_keys_str_mv AT gutkowskivioleta informationtechnologyrevolutionthedistributionaleffects
AT kozlowskijulian informationtechnologyrevolutionthedistributionaleffects
AT sieleckimicael informationtechnologyrevolutionthedistributionaleffects
bdutipo_str Repositorios
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