Productivity, Inequality, and the Digital Economy: A Transatlantic Perspective

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MIT Press, Aug 2, 2002 - Business & Economics - 316 pages
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The widespread diffusion of information and communication technologies (ICT) has had controversial, seemingly paradoxical consequences. ICT are viewed as driving growth and employment in the United States, while contributing to European unemployment and the so-called Eurosclerosis. At the same time, both the United States and Europe have seen increased wage inequalities between skilled and unskilled workers.This book explores the computer's puzzling effects on the economy, at both the micro and macro levels. The contributions include data from field work, small samples of firms, and national surveys of management practice; econometric studies; and macroeconomic theoretical analysis.

 

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Contents

The Mismeasurement Hypothesis and the Productivity Slowdown The Evidence
19
Comments on Chapter 1
47
Information Technology Organizational Transformation and Business Performance
55
Comments on Chapter 2
93
Innovation and Employment A Critical Survey
101
Comments on Chapter 3
133
The Inequality Puzzle
139
Technological Bias and Employment Inequality A Macroeconomic Perspective
141
Comments on Chapter 4
171
Technical Change and the Structure of Employment and Wages A Survey of the Microeconometric Evidence
175
Comments on Chapter 5
225
By What Means Does Information Technology Affect Employment and Wages?
229
Comments on Chapter 6
269
Computer Productivity and Wages Reflections on the Economics of the Information Age
279
Index
299
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