In recent times the employment effects of technical progress raised much intention. Will recent productivity gains lead … employment if product demand is elastic. It is accompanied, however, by shrinkage of employment if product demand is inelastic. A …, employment and national income for Germany provided by the Federal Statistical Office. We estimate Marshallian type demand …

variation in regional unemployment and in the development of employment is puzzling. Our explanation of this regional variation … leads to an expansion of employment if product demand is elastic. It is accompanied, however, by shrinkage of employment if … series data on output, prices, employment and national income for Germany provided by the Federal Statistical Office and the …

: Technological progress leads to an expansion of employment if product demand is elastic. It is accompanied, however, by shrinkage of … employment if product demand is inelastic. A transition from the elastic into the inelastic range of the demand function for the … level time series data on output, prices, employment and national income for Germany provided by the Federal Statistical …

are regions in which even during the crisis virtual full employment prevails (e.g. Munich Area) and others which face a … cycle. The more mature an industry is the less elastic is demand. Technical progress has two opposing effects on employment …. Increased productivity allows producing a given quantity wit less labour. This is the displacement effect of technical progress …

effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … impacts. By contrast, the long-term impact of policies coming only via the employment rate channel materialises at shorter …

Structural transformation can spur economic growth and development if it increases overall productivity growth. A labor … inclusive private employment. The COVID-19 (coronavirus) pandemic and associated global economic crisis have posed a substantial …