Cambiamento tecnologico e disoccupazione catastrofica

Mario Maggioni

Economia politica, 1997, issue 2, 185-208

Abstract: The interactions between the creation of specific human capital (through learning by doing activities) and the distruction (through the obsolescence of skills and know-how) of the same quality of human capital, induced by technological and organizational change is modelled in the paper, via a dynamical non linear system of equations. If one further assume the existence of a direct relation between human capital, productivity and employment, then the model can explain some feature of the European long-term unemployment, namely: persistence and hysteresis. The paper analyses also the combined effect of different ways of human capital creation and different rates of technological and organizational change.

Date: 1997
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