Graduation Year
2015
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Roberto Pedace
Reader 2
Kerry Odell
Terms of Use & License Information
Rights Information
© 2015 Tanya E. Taborek
Abstract
This paper will address the trends of employment in correlation with technological progress. It will consider generally accepted economic theory as well as classical analysis, mathematical modeling and recent data. It is demonstrated that short-run impacts of technological advancements can cause temporary unemployment due to increased aggregate productivity. Long-run adjustments however can result in job polarization, which in turn results in income inequality. The possible negative impacts on the US economy as a whole are addressed and short-term fixes that could mitigate the undesirable side effects that come from these changes.
Recommended Citation
Taborek, Tanya E., "Short and Long Run Implications of Technological Advancement on Jobs: Theory and Evidence" (2015). Scripps Senior Theses. 680.
https://scholarship.claremont.edu/scripps_theses/680
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
