Showing 1 - 10 of 109
population, slower productivity growth in the private sector, low employment rates, and various types of disincentive effects …
Persistent link: https://www.econbiz.de/10005406320
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010748306
So-called activation policies aiming at bringing jobless people into work have been a central component of welfare reforms across OECD countries during the last decades. Such policies combine restrictive and enabling programs, but their characteristic feature is that also enabling programs are...
Persistent link: https://www.econbiz.de/10010877660
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10005051548
Regional income disparities have increased in many European countries recently, even as national and supra-national policy instruments were created to correct them. To explain these evolutions, we develop a two-region, two-sector model with migration and public investment in infrastructure and...
Persistent link: https://www.econbiz.de/10009645644
density. We show that endogenous technological progress causes structural change if there are positive productivity spillovers … from the modern to the traditional sector and Engel’s law holds. In turn, urban congestion effects cause a productivity …
Persistent link: https://www.econbiz.de/10009367391
factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than …
Persistent link: https://www.econbiz.de/10005181232
demand side (non-homothetic preferences) and on the supply-side, in particular differential productivity growth across … these trends. The interplay of differences in productivity growth and in the substitution elasticity across sectors drive … find that differences in productivity growth rates between manufacturing and services have been the most important driver …
Persistent link: https://www.econbiz.de/10010736748
In the post-war period, the goods composition of trade in OECD countries has changed considerably. We analyze the evolution of comparative advantage using a detailed trade data set and a new analytical tool: the harmonic (weighted) mass index, which enables us to identify periods of structural...
Persistent link: https://www.econbiz.de/10008572491
results quantify the role of regional factor markets in firm productivity and location. Considering modern China as a large …
Persistent link: https://www.econbiz.de/10010877649