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This paper argues that skill-biased technical change has some deficiencies as a hypothesis about the impact of technology on the labor market and that a more nuanced view recently proposed by Autor, Levy and Murnane (2003) is a more accurate description. The difference between the two hypotheses...
Persistent link: https://www.econbiz.de/10005151083
There is little doubt that technology has had the most profound effect on altering the tasks that wehumans do in our jobs. Economists have long speculated on how technical change affects boththe absolute demand for labour as a whole and the relative demands for different types of labour.In...
Persistent link: https://www.econbiz.de/10004967717
change in unemployment. We evaluate the model and findthat creative destruction plays no part in aggregate unemployment … dynamics. The model canexplain up to half of the estimated impact of growth on unemployment. …
Persistent link: https://www.econbiz.de/10005017004
We examine the implications of tax and subsidy policies for employment in the "three worlds of welfare", Anglo-Saxon, Continental European and Scandinavian. We argue that home production is key to a proper evaluation of the employment outcomes. Anglo-Saxon low-support policies encourage more...
Persistent link: https://www.econbiz.de/10005151058