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Keywords:Technology 

Journal Article
Technological trends affecting the manufacturing sector of New York City

The author concludes that manufacturing is still a vital part of New York City's economy, despite substantial job losses in this sector over the past two decades. An influx of skilled immigrants, the use of advanced technologies in production processes, and the ability to respond rapidly to global markets give New York City a strong future in manufacturing high-value goods.
Economic Policy Review , Volume 3 , Issue Feb , Pages 87-90

Report
Innovation, growth, and economic policy in an environment of change

In this report, we explore innovation as the engine of economic prosperity and argue that the greatest strength we possess is our ability to induce and embrace change, from the integration of new technologies to new peoples and cultures. Indeed, if we hope to remain an ongoing, vital player in the global economy, flexibility is likely to be our most valuable asset.
Annual Report

Conference Paper
Technology and security policy

Proceedings , Paper 748

Working Paper
International patenting and technology diffusion

Finance and Economics Discussion Series , Paper 94-35

Firms Expect Working from Home to Triple

The coronavirus and efforts to mitigate its impact are having a transformative impact on many aspects of economic life, intensifying trends like shopping online rather than visiting brick-and-mortar stores and increasing the incidence of working from home. Indeed, many tech giants have already made working from home a permanent option for employees.
Macroblog

Journal Article
Is unemployment too low? How welfare reform and technology are creating a new employment standard

Southwest Economy , Issue Nov , Pages 5-8

Journal Article
Investment-specific technology growth: concepts and recent estimates

The strength of U.S. productivity growth in recent years has been attributed to technological improvements that are, in some sense, embodied in new types of capital equipment. However, traditional growth theory and growth accounting techniques?which emphasize the role of disembodied, neutral technological progress?are deficient in explaining this phenomenon. In this article, Michael R. Pakko outlines a model of investment-specific technological change that has become popular for describing the notion of capital-embodied growth and summarizes some recent estimates of the importance of this ...
Review , Volume 84 , Issue Nov , Pages 37-48

Journal Article
Research spotlight: Technology, unionization, and income inequality

Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2012/q4/research_spotlight_weblinks.cfm
Econ Focus , Volume 16 , Issue 4Q , Pages 11

Report
Technology, trade and growth: some empirical findings

International patent data for 39 countries from 1970 to 1985 are used to create proxies for imitation and innovation. Domestic imitation and innovation both appear to depend positively on high technology imports from developed countries, intellectual property rights, and the size of the economy. Additionally, transportation and communication infrastructure and quality adjusted research effort are found to contribute positively to domestic innovation. Finally, growth in real per capita GDP is positively related to physical capital stock growth, foreign and domestic innovation, and negatively ...
Research Paper , Paper 9727

Working Paper
Technology shocks matter

This paper uses the neoclassical growth model to identify the effects of technological change on the US business cycle. In the model there are two sources of technological change: neutral, which effects the production of all goods homogeneously, and investment-specific. Investment-specific shocks are the unique source of the secular trend in the real price of investment goods, while shocks to both kinds of technology are the only factors which affect labor productivity in the long run. Consistent with previous empirical work which considers only neutral shocks, the results suggest these ...
Working Paper Series , Paper WP-02-14

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