Biased technological change and employment reallocation
نویسندگان
چکیده
منابع مشابه
Technological Change and Reallocation∗
This paper considers a technological change that can be utilized only by production units adapting to the new technology. A simple firm dynamics model is used to show such an innovation enhances reallocation, whereas a technological advance that is available to all production units does not. This implication is used in structural vector autoregressions to study the driving force behind cyclical...
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ژورنال
عنوان ژورنال: Labour Economics
سال: 2020
ISSN: 0927-5371
DOI: 10.1016/j.labeco.2020.101930