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Preface: Technology, growth, and the labor market

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  • Donna K. Ginther
  • Madeline Zavodny

Abstract

In recent years, economic prognosticators have pondered whether the U.S. economy has entered a new era characterized by technological innovations that have raised productivity and, accordingly, removed pricing power from producers. Although the 2001 recession quelled debate about whether the United States, and perhaps the world, had entered a period of sustained high levels of economic growth, researchers continue to investigate the economic effects of technological change. ; This issue of the Economic Review contains four articles that examine the underpinnings of the "new economy"-technology and its effects on macroeconomic growth and the labor market. These papers were among those presented at the "Technology, Growth, and the Labor Market" conference sponsored by the research department of the Federal Reserve Bank of Atlanta and the Andrew Young School of Policy Studies at Georgia State University in January this year. This preface summarizes all the speeches, papers, and discussant comments presented at the conference.

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Article provided by Federal Reserve Bank of Atlanta in its journal Economic Review.

Volume (Year): (2002)
Issue (Month): Q3 ()
Pages: v-viii

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Handle: RePEc:fip:fedaer:y:2002:i:q3:p:v-viii:n:v.87no.3

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Keywords: Labor market ; Productivity ; Technology;

References

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  1. Kevin J. Stiroh, 2001. "Information technology and the U.S. productivity revival: what do the industry data say?," Staff Reports 115, Federal Reserve Bank of New York.
  2. Gordon, Robert J, 2000. "Does the 'New Economy' Measure up to the Great Inventions of the Past?," CEPR Discussion Papers 2607, C.E.P.R. Discussion Papers.
  3. Bartel, Ann P & Sicherman, Nachum, 1998. "Technological Change and the Skill Acquisition of Young Workers," Journal of Labor Economics, University of Chicago Press, vol. 16(4), pages 718-55, October.
  4. Katz, Lawrence F. & Autor, David H., 1999. "Changes in the wage structure and earnings inequality," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 26, pages 1463-1555 Elsevier.
  5. Martin Neil Baily, 2001. "Macroeconomic Implications of the New Economy," Working Paper Series WP01-9, Peterson Institute for International Economics.
  6. Martin Neil Baily, 2001. "Macroeconomic implications of the new economy," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 201-268.
  7. Berman, Eli & Bound, John & Griliches, Zvi, 1994. "Changes in the Demand for Skilled Labor within U.S. Manufacturing: Evidence from the Annual Survey of Manufactures," The Quarterly Journal of Economics, MIT Press, vol. 109(2), pages 367-97, May.
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