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Distributional dynamics following a technological revolution

Andolfatto, D and Smith, E (2001) 'Distributional dynamics following a technological revolution.' Canadian Journal of Economics, 34 (3). pp. 739-759. ISSN 0008-4085

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Abstract

In this paper we explore the link between technological change and the dynamics of employment, production, and the distribution of earnings. Technological change not only advances society's collective capability but also changes the relative productivities of its members. The latter effect establishes the likely winners and losers from advances in productive capabilities, provides a mechanism that can generate cyclical fluctuations in output as well as employment, and determines the evolution of the earnings distribution.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Economics, Department of
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 29 Jun 2012 12:42
Last Modified: 06 Jan 2022 13:30
URI: http://repository.essex.ac.uk/id/eprint/2683

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