Innovation and Inequality: How Does Technical Progress Affect Workers?

"This book is a must read for anyone with an interest in what Tinbergen once termed 'the race between education and technology'. . . . Gilles Saint-Paul has written a book that takes stock of a debate that, for now, has more or less petered out in the literature. But he does so in a comprehensive and concise way, and, as his focus is theoretical, the book collects the most relevant and interesting models that were brought to bear on the issue. It is a timely and timeless book on an issue that is sure to resurface—and when it does, this is an excellent book to have in your collection."—Mark Sanders, British Journal of Industrial Relations

"The increase in earnings inequality in many countries over the past twenty-five years has been a major topic of academic study and policy debate, and many economists believe that technological developments have played a large role in this development. This book goes much further than existing studies and develops the various links between innovation and inequality. Gilles Saint-Paul covers most of the available approaches masterfully but is not afraid to push for a coherent view based on his own research. This book not only breaks new ground but also achieves a nice synthesis of much recent work in economics. This is a must-read for any graduate student or researcher interested in innovation or recent changes in the labor market."—Daron Acemoglu, Massachusetts Institute of Technology

"A well-crafted book offering a rigorous analysis of topical issues from a variety of original perspectives."—Giuseppe Bertola, University of Turin

"An exceptionally interesting, well-exposited, and timely volume."—David Autor, Massachusetts Institute of Technology