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Technology, Growth, and the Labor Market

  • Donna K. Ginther
  • Madeline Zavodny
  • Lynn H. Foley

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Productivity and the Macroeconomy

    1. Front Matter
      Pages 1-1
    2. Edward M. Gramlich
      Pages 3-9
  3. Productivity Growth and Technology: What the Future Holds

    1. Front Matter
      Pages 17-17
    2. Dale W. Jorgenson, Mun S. Ho, Kevin J. Stiroh
      Pages 19-40
  4. Skill-Biased Technological Change and Wage Inequality

    1. Front Matter
      Pages 105-105
    2. David H. Autor, Frank Levy, Richard J. Murnane
      Pages 107-129
    3. David Card, John E. DiNardo
      Pages 131-160
  5. Technology and Productivity in the Firm

  6. Back Matter
    Pages 263-272

About this book

Introduction

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.

Keywords

Investment USA economic growth growth labor market macroeconomics monetary policy

Editors and affiliations

  • Donna K. Ginther
    • 1
  • Madeline Zavodny
    • 2
  • Lynn H. Foley
    • 3
  1. 1.University of Kansas and Federal Reserve Bank of AtlantaAtlantaUSA
  2. 2.Occidental College and Federal Reserve Bank of AtlantaAtlantaUSA
  3. 3.Federal Reserve Bank of AtlantaAtlantaUSA

Bibliographic information