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The issue of technological unemployment receives perennial popular attention. Although there are previous empirical investigations that have focused on the relationship between innovation and employment, the originality of our approach lies in our choice of method. We focus on four 2-digit...
Persistent link: https://www.econbiz.de/10010750726
efficiency of the matching technology; generalists exacerbate firms' coordination problems. We then calibrate the model on the …
Persistent link: https://www.econbiz.de/10008877005
agents affect outcomes and efficiency. Informational asymmetries generate inefficiency. In an environment where principals … principals. In contrast, when agents compete to be hired, efficiency improves dramatically, and it increases in the relative …
Persistent link: https://www.econbiz.de/10009220690
This document proposes a new decomposition of unit labor cost changes (ULC) in terms of efficiency, technical progress … that labor intensive technical change results in positive efficiency changes while capital intensive technical changes …
Persistent link: https://www.econbiz.de/10010663555
Bi-cooperative games were introduced by Bilbao et al. as a generalization of TU cooperative games, in which each player can participate positively, negatively, or not at all. In this paper, we propose a definition of a share of the worth obtained by some players after they decided on their...
Persistent link: https://www.econbiz.de/10010738682
This paper investigates the impact of ownership structure and contractual choices on technical efficiency in the French … frontier methodology.The econometric results corroborate our proposition: the technical efficiency of urban public transport …
Persistent link: https://www.econbiz.de/10010750357
banking crisis, the post-crisis period should be the time for recovering efficiency. Moreover, traditional banking theory …
Persistent link: https://www.econbiz.de/10010750383
efficiency and local uniqueness of the competitive equilibrium hold. On the contrary, for lower values of the share of first …
Persistent link: https://www.econbiz.de/10010750993
both efficiency and bubble. …
Persistent link: https://www.econbiz.de/10011025564
modifies certain results about stability and efficiency compared to the original connections model. In particular, we see the …
Persistent link: https://www.econbiz.de/10011025613