Innovation and employment
a survey
by Marco Vivarelli
"According to the "compensation theory", market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The general conclusion is that -- although compensation is always working -- the complete counter-balancing of dismissed workers cannot be assumed ex-ante"--Forschungsinstitut zur Zukunft der Arbeit web site.
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Title from PDF file as viewed on 4/27/2007.
Includes bibliographical references.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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| December 19, 2020 | Edited by MARC Bot | import existing book |
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