Technological Change and Labor Markets

Technological Change and Labor Markets PDF Author:
Publisher:
ISBN: 9781003389965
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
"In developed countries like the US, Germany and the UK it has been observed that workers who perform non-routine activities, either cognitive or manual, have benefited in terms of employment and income, while those performing routinary tasks have seen their job prospects and wages decline. This has led to a polarization of the labor markets and to a decrease in certain measures of inequality. This phenomenon has been attributed to task-biased technological change (TBTC), which differs from the skilled biased technological change in the fact that not only highly skilled workers have benefited from technology advancement. This book presents evidence of how digitalization and task-biased technological change are affecting the labor markets of different regions of the world and examines the factors that cause this inequality among nations. It examines recent issues around the effect of task-biased technological change on labor markets and the economy in general, with a comparison of different countries in Central and Eastern Europe, North America, and Latin America, as well as in other regions of the world. The incorporation of the abovementioned regions presents relevant particularities for the subject matter addressed in the book. The book also considers questions such as how labor market effects differ by gender and what the impact of digital skills on employment, inequalities and public policies might be. In so doing, it identifies the advances, opportunities, and changes that have taken place, while also making public policy proposals. The main market for the book is the global community of graduate students and researchers in the field of economics and, specifically, in the study of labor markets"--

Technological Change and Labor Markets

Technological Change and Labor Markets PDF Author:
Publisher:
ISBN: 9781003389965
Category : Business & Economics
Languages : en
Pages : 0

Get Book Here

Book Description
"In developed countries like the US, Germany and the UK it has been observed that workers who perform non-routine activities, either cognitive or manual, have benefited in terms of employment and income, while those performing routinary tasks have seen their job prospects and wages decline. This has led to a polarization of the labor markets and to a decrease in certain measures of inequality. This phenomenon has been attributed to task-biased technological change (TBTC), which differs from the skilled biased technological change in the fact that not only highly skilled workers have benefited from technology advancement. This book presents evidence of how digitalization and task-biased technological change are affecting the labor markets of different regions of the world and examines the factors that cause this inequality among nations. It examines recent issues around the effect of task-biased technological change on labor markets and the economy in general, with a comparison of different countries in Central and Eastern Europe, North America, and Latin America, as well as in other regions of the world. The incorporation of the abovementioned regions presents relevant particularities for the subject matter addressed in the book. The book also considers questions such as how labor market effects differ by gender and what the impact of digital skills on employment, inequalities and public policies might be. In so doing, it identifies the advances, opportunities, and changes that have taken place, while also making public policy proposals. The main market for the book is the global community of graduate students and researchers in the field of economics and, specifically, in the study of labor markets"--

Labor Market Adjustments to Structural Change and Technological Progress

Labor Market Adjustments to Structural Change and Technological Progress PDF Author: Eileen R. Appelbaum
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
This volume brings together an international group of contributors to explore the impacts of structural economic change and technological progress on labor markets. The contributors goal is to present an in-depth comparative study of the ways in which different national economies have adjusted to structural changes like the shift to service-based economies and technological changes brought about by the increasing use of the computer in offices and on the production line. Examining the adjustment process from both a micro and macro perspective, the contributors analyze the flexibility potentials within the different institutional organizations of the labor market in the U.S., France, West Germany, Great Britain, and Sweden. The study begins with a comprehensive introduction written by the editors which discusses the problem of structural and technological change in economic, social, and political terms. Two subsequent chapters address the economic structures of post-industrial society and the differential characteristics of employment growth in service industries. The contributors then present individual analyses of the labor market situation in the five countries under study as well as two general studies of institutions regulating the labor market and flexibility within the labor market. Throughout, the contributors are concerned with key issues such as which systems seem to adapt best, how skill and educational needs may be met in the changing labor market, and the importance of flexibility in a system characterized by ongoing structural and technological change. Ideal as supplementary reading for advanced courses in labor economics and industrial organization, this volume offers important new insights into labor market flexibility in the face of significant and continuing change.

Globalization, Technological Change, and Labor Markets

Globalization, Technological Change, and Labor Markets PDF Author: Stanley W. Black
Publisher: Springer Science & Business Media
ISBN: 1461549655
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
Globalization, Technological Change and Labor Markets is an edited collection of papers drawn from the conference held at the American Institute for Contemporary German Studies in June 1997. This conference brought German and American perspectives to bear on the complex issues of global competition, technological change, and labor markets in the welfare state. The contributions are organized into five sections dealing with various aspects of the problem: (1) Macroeconomic Perspectives; (2) Microeconomic Aspects; (3) the German Model of Labor Relations; (4) the Social Market Economy; and (5) Trade Policy and Environmental and Labor Standards. This edited collection seeks to explore many of the key issues surrounding the debate over the impact of globalization and technological change on labor markets in Europe and the United States. `This volume provides path-breaking insights as to why globalization has wreaked havoc on the welfare states that had once propelled Western Europe and North America to an unprecedented standard of living throughout the post-war period. The high level of scholarship contained in the individual chapters forms a compelling argument that will convince even the most resistant skeptics that the days of the classic welfare state are numbered. More importantly, this book is filled with concrete suggestions based on careful economic analysis as to how technological change and globalization can be harnessed in conjunction with a new role of the state to provide a high standard of living.' David B. Audretsch, Ameritech Chair of Economic Development, Indiana University

Inequality and the Labor Market

Inequality and the Labor Market PDF Author: Sharon Block
Publisher: Brookings Institution Press
ISBN: 0815738811
Category : Law
Languages : en
Pages : 263

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Book Description
Exploring a new agenda to improve outcomes for American workers As the United States continues to struggle with the impact of the devastating COVID-19 recession, policymakers have an opportunity to redress the competition problems in our labor markets. Making the right policy choices, however, requires a deep understanding of long-term, multidimensional problems. That will be solved only by looking to the failures and unrealized opportunities in anti-trust and labor law. For decades, competition in the U.S. labor market has declined, with the result that American workers have experienced slow wage growth and diminishing job quality. While sluggish productivity growth, rising globalization, and declining union representation are traditionally cited as factors for this historic imbalance in economic power, weak competition in the labor market is increasingly being recognized as a factor as well. This book by noted experts frames the legal and economic consequences of this imbalance and presents a series of urgently needed reforms of both labor and anti-trust laws to improve outcomes for American workers. These include higher wages, safer workplaces, increased ability to report labor violations, greater mobility, more opportunities for workers to build power, and overall better labor protections. Inequality in the Labor Market will interest anyone who cares about building a progressive economic agenda or who has a marked interest in labor policy. It also will appeal to anyone hoping to influence or anticipate the much-needed progressive agenda for the United States. The book's unusual scope provides prescriptions that, as Nobel Laureate Joseph Stiglitz notes in the introduction, map a path for rebalancing power, not just in our economy but in our democracy.

Building America's Skilled Technical Workforce

Building America's Skilled Technical Workforce PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309440068
Category : Technology & Engineering
Languages : en
Pages : 259

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Book Description
Skilled technical occupationsâ€"defined as occupations that require a high level of knowledge in a technical domain but do not require a bachelor's degree for entryâ€"are a key component of the U.S. economy. In response to globalization and advances in science and technology, American firms are demanding workers with greater proficiency in literacy and numeracy, as well as strong interpersonal, technical, and problem-solving skills. However, employer surveys and industry and government reports have raised concerns that the nation may not have an adequate supply of skilled technical workers to achieve its competitiveness and economic growth objectives. In response to the broader need for policy information and advice, Building America's Skilled Technical Workforce examines the coverage, effectiveness, flexibility, and coordination of the policies and various programs that prepare Americans for skilled technical jobs. This report provides action-oriented recommendations for improving the American system of technical education, training, and certification.

Technology, Growth, and the Labor Market

Technology, Growth, and the Labor Market PDF Author: Donna K. Ginther
Publisher: Springer Science & Business Media
ISBN: 1461503256
Category : Business & Economics
Languages : en
Pages : 277

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Book Description
Technology, Growth, and the Labor Market brings together research by economists from academia and the Federal Reserve System. The first section of the volume includes discussions by monetary policymakers with firsthand experience in determining how technology affects productivity, inequality, and macroeconomic growth. Papers in the second section discuss the sources of the surge in labor productivity growth during the latter half of the 1990s and present forecasts of labor productivity growth rates during the next few years. In the third section, the papers focus on the role of technological advances in changes in earnings inequality in the labor market. The authors examine whether inequality should be viewed as a causal result of skill-biased technological change or whether there is a missing link - or perhaps no link - between changes in technology and changes in wage inequality. The final section explores the relationships between computer investment, worker skills, human resource practices, and productivity at the industry and firm levels.

Globalization, Technological Change, and Labor Markets

Globalization, Technological Change, and Labor Markets PDF Author: Stanley W Black
Publisher:
ISBN: 9781461549666
Category :
Languages : en
Pages : 348

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Book Description


Technology and the Future of Work

Technology and the Future of Work PDF Author: Adrian Peralta-Alva
Publisher: International Monetary Fund
ISBN: 1484374975
Category : Business & Economics
Languages : en
Pages : 28

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Book Description
This paper uses a DSGE model to simulate the impact of technological change on labor markets and income distribution. It finds that technological advances offers prospects for stronger productivity and growth, but brings risks of increased income polarization. This calls for inclusive policies tailored to country-specific circumstances and preferences, such as investment in human capital to facilitate retooling of low-skilled workers so that they can partake in the gains of technological change, and redistributive policies (such as differentiated income tax cuts) to help reallocate gains. Policies are also needed to facilitate the process of adjustment.

The Employment Effects of Technological Change

The Employment Effects of Technological Change PDF Author: Jens Rubart
Publisher: Springer Science & Business Media
ISBN: 3540699554
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
The labor markets of important OECD countries show a similar picture: high wages and low unemployment for skilled workers and low wages but high unemployment for low-skilled workers. During the last 10 years this fact has been studied under the hypothesis of "skill-biased technological change" within the context of endogenous growth models. Recent research, however, has shown that the employment and wage differentials vary at business cycle frequencies.This book provides an empirical and theoretical examination of the short- and medium run impacts of technological advances on the employment and wages of workers which differ in their earned educational degree. Furthermore, by introducing labor market frictions and wage setting institutions the author shows the importance of such imperfections in order to replicate empirical facts. Due to the introduction of employment protection mechanisms and minimum wages the analysis accounts for key facts of continental European labor markets.

Internal Labor Markets, Technological Change, and Labor Force Adjustment

Internal Labor Markets, Technological Change, and Labor Force Adjustment PDF Author: Peter B. Doeringer
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 186

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Book Description