Goyal, Ashima - Volkswirtschaftliche Fakultät, … - 2005
The impact of new technology (ICT) on labour markets and welfare is analyzed in a model of matching. First, ICT lowers …, workers share of the match surplus rises. Third, it induces more learning and innovation. Fourth, ICTs allows hitherto … surplus from a new entrant. Finally, it encourages cumulative improvements in technology and skills. More labour …