Front Matter -- Copyright -- Contributors -- About the editors -- Contents -- PART I Historical and evolutionary perspective -- 1. The changing nature of work, employment and flexibility -- 2. Exploring the shifting landscape of work and employment: the interplay between technology, flexibility,...

This paper develops a matching model of the labor market under wage rigidity when hiring decisions are irreversible. There are two types of workers, the skilled and the unskilled. The model is used to analyze whether technological advances may have increased unemployment. It is shown that it is...

The benefits from financial development are known to vary across industries. However, no systematic effort has been made to determine the technological characteristics that are shared by industries that tend to grow relatively faster in more financially developed countries. This paper explores a...