Technological Progress and Job Creation

Technological Progress and Average Job Matching Quality

Our objective is to study, in a labor market characterized by search frictions, the effects of technological progress on the average quality of the job matches. We will see as results that the effects of technological progress on the labor market depend upon the initial conditions of the economy. If the economy is totally characterized by the presence of low-quality job matches, an increase in ...

No . 734 TECHNOLOGICAL PROGRESS , ON - THE - JOB SEARCH , AND UNEMPLOYMENT

This paper studies the impact of long-run productivity growth on job …nding and separation rates, and thus the unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into the endogenous job separation model of Mortensen and Pissarides (1994). The incorporation of on-the-job search allows faster growth to reduce unemployment ...

Diversity and Technological Progress

This paper proposes a tractable model to study the equilibrium diversity of technological progress and shows that equilibrium technological progress may exhibit too little diversity (too much conformity), in particular, foregoing socially bene…cial investments in “alternative”technologies that will be used at some point in the future. The presence of future innovations that will replace current...

Job Creation and Destruction

Job Creation and Job Destruction in Argentina

J Jo ob b C Cr re ea at ti io on n a an nd d J Jo ob b D De es st tr ru uc ct ti io on n i in n A Ar rg ge en nt ti in na a Development Bank for the "Labor Markets and Globalization Conference", October 2003. We are grateful to Gustavo Marquez and Carolina Czastkiewicz for their useful comments and to Hugo Hopenhayn who kindly gave us the panel data for the years 1989 to 1995. We would also lik...