: 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 …

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 …

In this work, we investigate the interrelations among technology, output and employment in the different states of the … effects of productivity shocks on employment are abundantly negative in downturns, but they are not significantly different …