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When workers adopt technology at the point where the costs equal the increased productivity, output per worker … increases immediately, while the productivity benefits increase only gradually if the costs continue to fall. As a result … not start to increase until the 1980s. The model also suggests that the slow diffusion of computer technology in Germany …
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We review the empirical literature about the implications of the computerization of the labor market to see whether it can explain observed computer adoption patterns and (long-term) changes in the wage structure. Evidence from empirical micro studies turns out to be inconsistent with macro...
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