The evolution of information technology continues to drive the long-term transformation of economic structures and poses new challenges to macroeconomic research and policy. The ongoing change in industrial structure manifested by the shift from the manufacturing to the service sector continues to gain momentum, and a further shift in employment structure is expected. Moreover, many industries are facing drastic changes in their business models, which lead some researchers and policymakers to anticipate a discontinuous change in industrial and employment structure in the near future. In this project, we respond to these technological developments which call for new insights and statistical measurements in macroeconomic studies.
November 12, 2018 - October 31, 2020