Technological Progress and Average Job Matching Quality
نویسندگان
چکیده
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 the technological progress is accompanied by an increase in the average quality of jobs. In turn, if the economy is totally characterized by the presence of high-quality job matches, an increase in the technological progress rate implies the reverse effect. Finally, if the economy is totally characterized by the presence of very high-quality jobs, an increase in the technological progress rate implies an increase in the average quality of the job matches.
منابع مشابه
No . 734 TECHNOLOGICAL PROGRESS , ON - THE - JOB SEARCH , AND UNEMPLOYMENT
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