a column by Zsofia Barany and Christian Siegel for VOX: CEPR’s Policy Portal
Economists agree that structural transformation and job polarisation are both caused mainly by biased technological progress, but there is no consensus on the nature of these biases.
The column uses US data to estimate the extent to which technological change is biased across sectors and across occupations. It finds that for improved labour market outcomes, policies targeting occupational choice for workers might be better than industrial policies to protect sectors of the economy.
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Showing posts with label job_polarisation. Show all posts
Showing posts with label job_polarisation. Show all posts
Wednesday, 8 August 2018
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)
Abstract
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)
Abstract
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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