The Nature of Unemployment under Technical Progress

David Deaton and Peter Nolan

Chapter 3 in The Employment Consequences of Technological Change, 1983, pp 52-65 from Palgrave Macmillan

Abstract: Abstract Many contributors to the debate on the impact of microelectronics on employment1 seem to have implicitly adopted a notion of technological unemployment, for they place little faith in the conventional policies designed to combat structural and demand-deficient unemployment for dealing with the displacement effects of microelectronics technology. They call instead for direct government intervention to create jobs, various measures designed to reduce labour supply and even a new social attitude to work and leisure.

Keywords: Wage Rate; Real Wage; Technical Progress; Labour Productivity Growth; Microelectronic Technology (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06089-4_4

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DOI: 10.1007/978-1-349-06089-4_4

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