Original title: Impact of Technological Change on Employment and Wages in the EU
Translated title: Impact of Technological Change on Employment and Wages in the EU
Authors: Ahmadov, Vugar ; Špecián, Petr (advisor) ; Prokop, Jaromír (referee)
Document type: Bachelor's theses
Year: 2015
Language: eng
Publisher: Vysoká škola ekonomická v Praze
Abstract: This thesis examines the impact of technological advancements on employment and wages in European Union. In order to examine this relation the date set for period over 1990-2010 of 10 European Member states were used. The data represented statistical information for Austria, Germany, France , Finland, Spain, Denmark, Netherlands, Ireland , Italy and the United Kingdom. With the help of regression it was concluded there is significant relation of employment and wages with technological advancements. I use the R&D expenditures share of GDP as main proxy for technological advancements, unemployment rate and average wage for dependent variable. Using the Fixed Effects estimator, I found that there is negative relation between R&D expenditures and Unemployment rate. Similarly, I found that there is negative relation between R&D expenditures and Average Wages. Thus , I discuss possible explanation for this paradox.
Keywords: Compensation mechanism; Job and Wage polarization; Technological Advancements; Compensation mechanism; Job and Wage polarization; Technological Advancements

Institution: University of Economics, Prague (web)
Document availability information: Available in the digital repository of the University of Economics, Prague.
Original record: http://www.vse.cz/vskp/eid/48049

Permalink: http://www.nusl.cz/ntk/nusl-196795


The record appears in these collections:
Universities and colleges > Public universities > University of Economics, Prague
Academic theses (ETDs) > Bachelor's theses