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Filson (2001) uses industry-level data on firm numbers, price, quantity, and quality along with an equilibrium model of industry evolution to estimate the nature and effects of quality and cost improvement in the personal computer industry and four other new industries. This paper studies the...
Persistent link: https://www.econbiz.de/10011565053
Labour markets are currently undergoing tremendous challenges. Automation, skilled-biased technological change, or offshoring are transforming challenges and opportunities for workers. In this context, international organizations have highlighted the crucial role of labour market policies and...
Persistent link: https://www.econbiz.de/10013333003
Persistent link: https://www.econbiz.de/10003968128
Recent empirical evidence establishes that a positive technology shock leads to a decline in labor inputs. Can a flexible price model enriched with labor market frictions replicate this stylized fact? We develop and estimate a standard flexible price model using Bayesian methods that allows, but...
Persistent link: https://www.econbiz.de/10010209115
Using national representative samples from population census and mini-census of China, this paper documents important employment dynamics in China from 1990 to 2015. The share of routine manual jobs decreased significant from 57% to 32%; both the share of routine cognitive jobs and the share of...
Persistent link: https://www.econbiz.de/10012435608
Recent empirical evidence suggests that a positive technology shock leads to a decline in labor inputs. However, the standard real business cycle model fails to account for this empirical regularity. Can the presence of labor market frictions address this problem without otherwise altering the...
Persistent link: https://www.econbiz.de/10014048964
Recent empirical evidence suggests that a positive technology shock leads to a decline in labour inputs. However, the standard real business model fails to account for this empirical regularity. Can the presence of labour market frictions address this problem, without otherwise altering the...
Persistent link: https://www.econbiz.de/10013142666
Ein wichtiges Thema der Volkswirtschaftslehre ist die Erklärung der Arbeitslosigkeit und ihrer Variation gemäß … unterschiedlicher Bedingungen. Verschiedene moderne Ansätze führen die Höhe der Arbeitslosigkeit auf institutionelle Regelungen der … Arbeitslosigkeit nicht zur Verfügung, da die Institutionen innerhalb eines Landes weitgehend konstant sind. Um eine Erklärung zu bieten …
Persistent link: https://www.econbiz.de/10011515639
In recent times the employment effects of technical progress raised much intention. Will recent productivity gains lead to technological unemployment or to a new prosperity? In our paper it is shown formally that under general and standard preconditions the price elasticity of demand on product...
Persistent link: https://www.econbiz.de/10011596136
In this work, we test the employment impact of distinct types of innovative investments using a representative sample of Spanish manufacturing firms over the period 2002-2013. Our GMM-SYS estimates generate various results, which are partially in contrast with the extant literature. Indeed,...
Persistent link: https://www.econbiz.de/10012131229