Wednesday, 19 April 2017

In brief... Is technology to blame for jobless recoveries?

an article by Georg Graetz (Uppsala University and CEP, London, UK) and Guy Michaels (LSE, London, UK and CEP) published in CentrePiece Volume 22 Issue 1 (Spring 2017)


Since the early 1990s, the United States has been plagued by weak employment growth when emerging from recessions – so-called ‘jobless recoveries’. Georg Graetz and Guy Michaels look at multiple recoveries elsewhere in the world over a 40-year period to see if the same applies – and whether modern technology is responsible.

JEL Classification: E32, J23, O33

CentrePiece article full text (PDF)

CEP Discussion Paper No. 1461 (January 2017) full text (PDF)

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