nach oben

Erschienen in:

2024 | OriginalPaper | Buchkapitel

Technological Shocks and Employment: A Pick from the RBC Theory

verfasst von : Reihaneih Gaskari, Alireza Eghbali

Erschienen in: Innovation, Sustainability, and Technological Megatrends in the Face of Uncertainties

Verlag: Springer Nature Switzerland

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

This chapter provides an analysis of the real business cycle (RBC) theory and its implications for employment in the context of technological advancements. It examines the criticisms of the RBC theory, particularly regarding the impact of technology on recessions, and presents the responses put forth by RBC proponents. Additionally, the chapter investigates the relationship between technology shocks and employment, considering different viewpoints and empirical evidence. The findings suggest that while technology can lead to job displacement in certain sectors, it also contributes to overall economic growth and employment opportunities. The chapter concludes by discussing the proposed solutions advocated by RBC theorists, emphasizing the importance of minimizing government regulations and promoting a deregulated economy to mitigate economic recessions.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 390 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Maschinenbau + Werkstoffe

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel Sustainability Accounting: Origins, Evolution, and Future

Nächstes Kapitel Convergence in Financial Systems: Fintech, Big Data, and Regulatory Standards

To read more about the effects of extensive use of mobile phones on health and recommendations in this field from researchers, you can refer to the following source: Hicks et al. (2023).

For more information about recession in Canada, see: The “Great” Recession in Canada: Perception vs. reality. (n.d.). Bank of Canada. https://www.bankofcanada.ca/2011/03/great-recession-canada-perception-reality/.

Blanchard, O., & Wolfers, J. (2000). The role of shocks and institutions in the rise of European unemployment: The aggregate evidence. The Economic Journal, 110, 1–33.CrossRef

Bogliacino, F., Piva, M., & Vivarelli, M. (2011). Job creation effects of R&D expenditures: Are high-tech sectors the key? IPTS working papers on corporate R&D and innovation. European Commission.

Duarte, R., & Marques, C. R. (2009). The dynamic effects of shocks to wages and prices in the United States and the Euro Area. European Central Bank, Working Paper No. 1067.CrossRef

Gorgi, P., & Eghbali, F. (2019). Business cycle: Basics and methods of measurement. Sorna Publication.

Haile, G., Srour, I., & Vivarelli, M. (2016). Imported technology and manufacturing employment in Ethiopia. Eurasian Economic Review, 6(1), 1–23.CrossRef

Hansen, G. D., & Prescott, E. C. (1993). Did technology shocks cause the 1990-1991 recession? The American Economic Review, 83(2), 280–286.

Harasty, C., Schmidt, D., & International Labour Office. (2003). Global employment trends. International Labour Organization.

Hicks, J. L., Boswell, M. A., Althoff, T., Crum, A. J., Ku, J. P., Landay, J. A., Moya, P. M., Murnane, E. L., Snyder, M. P., King, A. C., & Delp, S. L. (2023). Leveraging mobile technology for public health promotion: A multidisciplinary perspective. Annual Review of Public Health, 44(1), 131–150. https://doi.org/10.1146/annurev-publhealth-060220-041643CrossRef

International Labour Office. (2013). Global employment trends 2013. International Labor Office.

Jenkins, R. (2006). Globalization, FDI and employment in Vietnam. Transnational Corporations, 15(1), 27–58.

Maidorn, S. (2003). The effects of shocks on the Austrian unemployment rate - structural VAR approach. Empirical Economics, 28, 387–402.CrossRef

Middleton, C. A., & Leith, J. (2021). Intensity of internet use in Canada: Exploring Canadians’ engagement with the internet. https://doi.org/10.32920/ryerson.14640063

Reddy, A. C. (1996). A macro perspective on technology transfer. Quorum Books.

Reisman, A. (2005). Transfer of technologies: A cross-disciplinary taxonomy. Omega, 33, 189–202.CrossRef

Shamsavari, A. (2007). The technology transfer paradigm: A critique. Discussion Paper, Kingston University.

Trehan, B. (2003). Productivity shocks and the unemployment rate. Economic Review, Federal Reserve Bank of San Francisco, 13–27.

Titel: Technological Shocks and Employment: A Pick from the RBC Theory
verfasst von: Reihaneih Gaskari
Alireza Eghbali
Verlag: Springer Nature Switzerland
Buch: Innovation, Sustainability, and Technological Megatrends in the Face of Uncertainties
Print ISBN: 978-3-031-46188-0

Electronic ISBN: 978-3-031-46189-7

Copyright-Jahr: 2024
DOI: https://doi.org/10.1007/978-3-031-46189-7_9

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Technik"

Springer Professional "Wirtschaft"