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likely it is to adopt additional, related technologies. We show that such a mechanism can occur under fairly general …
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Studies find that technological change has contributed to the decline in manufacturing and to persistent unemployment in many advanced economies. While process innovation can be job-destroying, product innovation can imply the emergence of new firms, new sectors, and thus new jobs. But even for...
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-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched … employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …
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positive and significant impact of AI patent families on employment, supporting the labour-friendly nature of product …
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