Similar Search Results

The Other Side of the Moon : The Data Problem in Analyzing Growth Determinants

Filer, Randall Keith; Hanousek, Jan; Hajkova, Dana - 2004

Replication of two recent studies of growth determinants shows that results are sensitive to the choice of data from which growth rates are calculated, especially with respect to whether economic convergence has occurred. Previous warnings against using data that has been adjusted to increase...

Persistent link: https://www.econbiz.de/10014071455

Labour markets in a Post-Keynesian growth model : the effects of endogenous productivity growth and working time reduction

Ederer, Stefan; Rezai, Armon - 2020

Persistent link: https://www.econbiz.de/10012212107

Bargaining over Productivity and Wages When Technical Change Is Induced : Implications for Growth, Distribution, and Employment

Tavani, Daniele - 2018

I study a model of growth and income distribution in which workers and firms bargain à la Nash (Econometrica 18(2):155–162, 1950) over wages and productivity gains, taking into account the trade-offs faced by firms in choosing factor- augmenting technologies. The aggregate environment...

Persistent link: https://www.econbiz.de/10012931082

On the positive relation between the wage share and labor productivity growth with endogenous size and direction of technical change

Zamparelli, Luca - In: Economic modelling 131 (2024), pp. 1-10

Persistent link: https://www.econbiz.de/10014451185

Inequality, aging, and the middle-income trap

Wang, Chen; Lan, Jiajun - 2017

Based on required growth rate and actual growth rate, this paper proposes a method to construct measures to indicate the probability of a country escaping the middle income trap (MIT). A second contribution of this paper is to model this probability using 1960–2015 cross-country data, focusing...

Persistent link: https://www.econbiz.de/10011757920

Artificial intelligence, income distribution and economic growth

Gries, Thomas; Naudé, Wim - 2020

The economic impact of Articial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel features. First, the task approach from labor economics is reformulated and integrated into a growth model. Second, the standard representative household assumption is rejected, so...

Persistent link: https://www.econbiz.de/10012266990

The race of man and machine: implications of technology when abilities and demand constraints matter

Gries, Thomas; Naudé, Wim - 2021

In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu and Restrepo (2018b) combine the task-based model of the labor market with an endogenous growth model to model the economic consequences of artificial intelligence (AI). This...

Persistent link: https://www.econbiz.de/10012517812

Artiﬁcial intelligence, income distribution and economic growth

Gries, Thomas; Naudé, Wim - 2020

The economic impact of Artiﬁcial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel features. First, the task approach from labor economics is reformulated and integrated into a growth model. Second, the standard representative household assumption is rejected,...

Persistent link: https://www.econbiz.de/10012262282

The middle class in macroeconomics and growth theory : a three class neo-Kaleckian-Goodwin model

Palley, Thomas - 2013

-Management). Das Modell ergänzt die herkömmlichen Überlegungen zur funktionalen Einkommensverteilung um die personale … Einkommensverteilung. Im Rahmen eines solchen Modells kann gezeigt werden, dass Veränderungen in der personalen Einkommensverteilung dazu … Kapitalisten hat. Veränderungen zugunsten der Mittelklasse führen nicht notwendigerweise zu höherem Wirtschaftswachstum und …

Persistent link: https://www.econbiz.de/10010240799

Artificial intelligence, income distribution and economic growth

Gries, Thomas; Naudé, Wim - 2020

The economic impact of Artificial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel features. First, the task approach from labor economics is reformulated and integrated into a growth model. Second, the standard represen- tative household assumption is rejected,...

Persistent link: https://www.econbiz.de/10012438305