While the EU economy is struggling with the joint consequences of the 2008-2009 recession and the sovereign-debt crisis, the theoretical and policy debate largely revolves around the role ICT play in the structural dynamics of the labour markets. However, despite a wealth of theoretical...

This report surveys the literature on the employment impact of ICT. Two competing views - compensation and substitution theory - dominate the current economic debate. The first assumes that the labour-saving impact of technological progress is counterbalanced by various compensation mechanisms....

In this paper we assess the job creation effect of R&D expenditures, using a unique longitudinal database of 677 European companies over the period 1990-2008. We estimate a dynamic labour demand specification using a Least Squares Dummy Variable Corrected (LSDVC) technique. The labour-friendly...