Showing 1 - 10 of 15
This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the bottom portion of income distribution. It is argued that, contrary to what is generally assumed in the economic literature, inequality will then be associated with less, rather...
Persistent link: https://www.econbiz.de/10005136638
We study the evolution of an educational system which is founded on a hierarchical differentiation between technical and general education, with a superior social status attached to general. The resulting dynamic political equilibrium is best summarized by the ratio of vocational to general...
Persistent link: https://www.econbiz.de/10005504686
How many "American jobs" have U.S.-born workers lost due to immigration and offshoring? Or, alternatively, is it possible that immigration and offshoring, by promoting cost-savings and enhanced efficiency in firms, have spurred the creation of jobs for U.S. natives? We consider a multi-sector...
Persistent link: https://www.econbiz.de/10008680751
This paper combines representative worker-level data that cover time-varying job-level task characteristics of an economy over a long time span with sector-level bilateral trade data. We carefully create longitudinally consistent workplace characteristics from the German Qualification and Career...
Persistent link: https://www.econbiz.de/10011084694
In this Paper, we analyse the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone's income can be appropriated by its model. Only people with the highest ability are cloned, while people at...
Persistent link: https://www.econbiz.de/10005792154
proportion of knowledge workers in employment, depending on the response of the overall demand for knowledge to the implied … reduction in the cost of acquiring it. In my model, knowledge (in a broad sense) is an input into the production function of … knowledge input in the production of human capital. An improvement in IT is modelled as an increase in the number of people who …
Persistent link: https://www.econbiz.de/10005791349
We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by … that export, invest in human capital or R&D, or have prior innovation experience. We also find that SOEs with internal R …
Persistent link: https://www.econbiz.de/10005123532
We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in …
Persistent link: https://www.econbiz.de/10005123630
or in the knowledge sector, which designs new varieties. It is shown that if the elasticity of labor supply to the … knowledge sector is bounded, as productivity increases, the economy moves from a ‘Solovian zone’ where wages increase with …
Persistent link: https://www.econbiz.de/10005124380
, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme … with a subsequent increase in innovation intensity and productivity growth for manufacturing sectors. In our analysis we … reforms on average profitability, and the effects of profitability on innovation and productivity growth. …
Persistent link: https://www.econbiz.de/10005136744