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Persistent link: https://www.econbiz.de/10003462565
In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the …, unemployment rises. More generally, we show that skill-biased technological change leads to increasing unemployment of the … inequality and unemployment under different social benefits regimes: Analyzing the social legislation in 14 countries, we find …
Persistent link: https://www.econbiz.de/10003225286
Persistent link: https://www.econbiz.de/10001538913
This paper examines the extent to which developing countries benefit from intersectoral factor transfers by specifying the impact and determinants of sectoral changes and of the degree of dualism (or allocation inefficiency) in a dual economy model. Conditions under which factor reallocation is...
Persistent link: https://www.econbiz.de/10014399960
Foreign Capital, National Welfare and Unemployment in a Fair Wage Model …
Persistent link: https://www.econbiz.de/10013155371
Persistent link: https://www.econbiz.de/10009756810
This paper develops a multi-sector, small open economy Dynamic Stochastic General Equilibrium model, which includes the accumulation of human capital, built via public expenditures in education and health. Four possible fiscal rules are examined for total public investment in infrastructure,...
Persistent link: https://www.econbiz.de/10012903112
We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The major component of trade barriers is explicitly modeled through the introduction of...
Persistent link: https://www.econbiz.de/10014395212
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10003754931
unemployment in a disaggregated economy. We simultaneously endogenise both the direction and pace of technological change as well … as the unemployment rates. We show that an increase in the supply of high-skilled labour can explain skilled …-biased technological change, a reduction in high-skilled unemployment and a rise in the high-skilled wage differential. In accordance with …
Persistent link: https://www.econbiz.de/10010457727