Innovation and employment
Subtitle: a survey
By: by Marco Vivarelli.
Series: Discussion paper -- no. 2621; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2621
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Technological innovations -- Economic aspects.; Displaced workers.
Description: "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.
Notes: Title from PDF file as viewed on 4/27/2007.

Includes bibliographical references.

Also available in print.

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Mode of access: World Wide Web.