SOCI 235 Lecture Notes - Lecture 23: Rational Expectations, Adaptive Expectations
10 Dec 2014
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Document Summary
Employment effects of innovation and productivity growth: some conclusions: there are many examples of job-destruction as a result of innovation, job destruction is compatible with rising employment. It is argued by autor and others that sbtc is the main explanation for rising earnings inequality in the us and other countries, including. Canada: there is evidence in support of this: i) a rising premium to education; ii) the association between computer use and earnings. Neither kind of evidence is unproblematic, for reasons we discussed.
