Technology and the Decline in Demand for Unskilled Labour: A Theoretical Analysis of the US and European Labour Markets

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Edward Elgar Publishing, Jan 1, 2005 - Business & Economics - 245 pages
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The position of low skilled workers in the labor market has deteriorated significantly over the past three decades. What has caused this deterioration in low skilled labor demand and what can explain the different labor market responses throughout the OEC
 

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Contents

GENERAL OVERVIEW FACTS AND HYPOTHESES
1
TECHNICAL CHANGE AND LABOUR DEMAND
37
THE ECONOMICS OF TECHNICAL CHANGE
39
MODELLING ENDOGENOUS TECHNICAL CHANGE
63
TECHNICAL CHANGE AND LABOUR DEMAND
93
TECHNICAL CHANGE AND THE LABOUR MARKET
127
THE LABOUR MARKET
129
THE MODEL EXTENDED
157
THE ROLE OF GOVERNMENT
187
THE GOVERNMENT IN THE MODEL
189
SUMMARY AND CONCLUSION
215
REFERENCES
217
INDEX
237
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