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Information technology revolution: : the distributional effects

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Author/s:
Gutkowski, Violeta
Kozlowski, Julián
Sielecki, Micael
Advisor/s:
Espino, Emilio
Universidad Torcuato Di Tella
Thesis degree name:
Licenciatura en Economía
Date:
2010
Abstract
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.
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URI:
https://repositorio.utdt.edu/handle/20.500.13098/1610
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  • Licenciatura en Economía


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Página de ayuda al investigador
Horarios de atención
Campus Alcorta
Av. Figueroa Alcorta 7350 (C1428BCW)
Sáenz Valiente 1010 (C1428BIJ)
Ciudad de Buenos Aires, Argentina
P: (54 11) 5169 7000