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Innovation and Entrepreneurship Research

Comment on "Does Productivity Growth Threaten Employment?" by David Autor and Anna Salomons

Harhoff, Dietmar (2017). Comment on "Does Productivity Growth Threaten Employment?" by David Autor and Anna Salomons, in: ECB Forum on Central Banking - Investment and growth in advanced economies - Conference Proceedings. Frankfurt am Main: European Central Bank, 119-128.

In their contribution to the 4th ECB Forum, David Autor and Anna Salomons provide a very useful analysis of the employment-productivity growth nexus and a decomposition of employment effects in direct and indirect components. This comment revisits the context of the debate as well as their central results and relates them to other recent analyses in labor economics. Since the session also carries “innovation” in the title, this comment proceeds to discuss causes and potential remedies for slow productivity growth in European countries, including the need for revamped educational and innovation policies as a response to digitization.

https://www.ecb.europa.eu/pub/pdf/other/ecb.ecbforumcentralbanking2017.en.pdf

Event: ECB Forum on Central Banking, Sintra Portugal, 2017-06-26