in [Philadelphia ? .
Written in English
|Statement||by David Weintraub, assisted by Harold L. Posner. Prepared for the National Resources Committee. Report on technological trends and their social implications. National Research Project on Reemployment Opportunities and Recent changes in Industrial Techniques. David Weintraub, Director. Irving Kaplan, Associate Director.|
|Series||National Research Project on Reemployment Opportunities and Recent Changes in Industrial Techniques. Report no. G-1|
|Contributions||Posner, Harold Leonard, 1911-|
|LC Classifications||HD5724 .W36 1937|
|The Physical Object|
|Pagination||75 numb. leaves.|
|Number of Pages||75|
|LC Control Number||37026331|
Productivity growth slowed sharply in the early s (and stayed low for several decades), while unemployment increased noticeably. While both productivity and unemployment do respond to other changes in the economy, these episodes make one wonder about the impact that independent (perhaps technology driven) changes in productivity might have. At other times with unemployment spikes, like and , productivity growth appears to be more in line with unemployment peaks. In these cases, stimulus measures likely had a more immediate Author: Daniel Indiviglio. Unemployment will go up by more than the fall in output because it will be the least productive workers who go first, rather than workers at or above the . The essays in this book extend and elaborate on many of the important ideas Solow has either originated or developed in the past three decades. Robert Solow received the Nobel Prize in economics in , and his contributions to growth theory, productivity, and short run macroeconomics have influenced an entire generation of scholars. The essays in this book extend and elaborate on many of the.
I am growing increasingly annoyed with people who argue that the dark side of productivity growth is unemployment. The Economist, which ought to know better, says we are Money discusses the problem of productivity, the President blames productivity growth for unemployment. Even someone as sophisticated as Brad DeLong writes “with productivity .