1974

Jeremy Greenwood and Mehmet Yorukoglu

RCER Working Papers from University of Rochester - Center for Economic Research (RCER)

Abstract: Was 1994 a watershed ? It saw an inrease in the rate of technological change in the production of new equipment. It was the start of a sharp rise in income inequality. It signaled the beginning of the productivity slowdown. Were these phenomena related? Could they have been the result of an Industrial Revolution associated with the introduction of information technology?

Keywords: PRODUCTIVITY; INFORMATION (search for similar items in EconPapers)
JEL-codes: L86 O14 (search for similar items in EconPapers)
Pages: 35 pages
Date: 1996
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