Despite extensive research, the estimates of changes in employment are heter-ogeneous in different conditions of … employment elasticity compared to its values in economies with a stable development trend. Based on this, we formulate the …

response of employment to a technology shock. We find that labor market frictions account for the fall in labor inputs. …

The aim of this paper is twofold. On the one hand, the economic insights about the employment impact of technological … employment effect appears to be entirely due to the medium-and high-tech sectors, while no effect can be detected in the low …-tech industries; 2) capital formation is found to be negatively related to employment; this outcome points to a possible labour …