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Technology, Growth, and the Labor Market (Paperback, Softcover reprint of the original 1st ed. 2003)
Loot Price: R2,788
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Technology, Growth, and the Labor Market (Paperback, Softcover reprint of the original 1st ed. 2003)
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Technology, Growth, and the Labor Market brings together research
by economists from academia and the Federal Reserve System. The
first section of the volume includes discussions by monetary
policymakers with firsthand experience in determining how
technology affects productivity, inequality, and macroeconomic
growth. Papers in the second section discuss the sources of the
surge in labor productivity growth during the latter half of the
1990s and present forecasts of labor productivity growth rates
during the next few years. In the third section, the papers focus
on the role of technological advances in changes in earnings
inequality in the labor market. The authors examine whether
inequality should be viewed as a causal result of skill-biased
technological change or whether there is a missing link - or
perhaps no link - between changes in technology and changes in wage
inequality. The final section explores the relationships between
computer investment, worker skills, human resource practices, and
productivity at the industry and firm levels.
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