المستودع الأكاديمي جامعة المدينة

Labour Market Frictions, Social Policies, and Barriers to Technology Adoption

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dc.creator Morales, Jesús E
dc.date 2007-10-31T15:42:34Z
dc.date 2007-10-31T15:42:34Z
dc.date 2004-11-19
dc.date.accessioned 2017-01-31T00:57:51Z
dc.date.available 2017-01-31T00:57:51Z
dc.identifier http://hdl.handle.net/10261/1777
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1777
dc.description Barriers to technological changes have recently been shown to be a key element in explaining differences in output per worker across countries. This study examines the role that labour market features and institutions have in explaining barriers to technology adoption. I build a model that includes labour market frictions, capital market imperfections and heterogeneity in workers' skills. I found that the unemployment rate together with the welfare losses that workers experiment after displacement are key factors in explaining the existence of barriers to technology adoption. Moreover, I found that none of these factors alone is sufficient to build these barriers. The theory also suggests that welfare policies like the unemployment insurance system may enhance these kinds of barriers while policies like a severance payment system financed by an income tax seem to be more effective in eliminating them.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 633.04
dc.rights openAccess
dc.subject Barriers to technology adoption
dc.subject Unemployment insurance
dc.subject Workers displacement
dc.subject Welfare cost
dc.title Labour Market Frictions, Social Policies, and Barriers to Technology Adoption
dc.type Documento de trabajo


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