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Paper and interview – Short-Run Pain, Long-Run Gain? Recessions and Technological Transformation

[email protected] – interview transcript and podcast: “During the financial crisis of 2008, employment fell dramatically, as was expected. But in the economic recovery that followed, only certain jobs bounced back. A research paper by Wharton finance professor Nikolai Roussanov looks at this phenomenon and correlates it with technological adoption by companies during a down economy.  The paper, whose co-authors are Cornell University professor Mathieu Taschereau-Dumouchel and Wharton doctoral student Alex Kopytov, is titled “Short-Run Pain, Long-Run Gain? Recessions and Technological Transformation.” Roussanov recently sat down with [email protected] to explain the scope and goal of the research as well as what they found.” [h/t Marcus Zillman]

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