Technology and the Decline in Demand for Unskilled Labour A Theoretical Analysis of the US and European Labour Markets
Produktdetaljer
Biographical note
Mark Sanders, Department of Economics, Maastricht University, the Netherlands<i>'Mark Sanders's effort is a challenging and successful attempt to analyse the evolution of labour market characteristics in developed countries with a specific focus on the unskilled and skilled categories of workers. . . The effort of Sanders to bring together different streams of the literature is a success. I would recommend reading the book to anyone interested in a comprehensive analysis of the relationship between technological change and labour markets.'</i>
- Mariacristina Piva, Research Policy,
<i>'This book treats a major issue - accounting for the differential run-up of the educational wage premium in the US and Europe since the 1970s - which is important from the point of view of economic policy and also from the point of view of economic theory. The author does a heroic job of surveying several vast literatures that bear on the issue.'</i>
- Peter Howitt, Brown University, US,
The author develops a theoretical framework that produces two hypotheses to explain the shift in relative demand as well as the different ways in which this shift has manifested itself. The framework is then extended by introducing unemployment, and additional hypotheses are proposed to explain the main EU-US differences. The dynamics thus uncovered yield somewhat unorthodox policy implications on income-, labour market and technology policies in Europe and the US.
This comprehensive book will appeal to both scholars and academics, whilst graduate and PhD-students looking for an accessible introduction to modelling the dynamics of technical change and its interactions with the labour market will find it of great interest.