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Welfare Analysis in a Schumpeterian Growth Model with Capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - Institute for the Study of Labor (IZA) - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10005703487

The Adoption and Diffusion of Organizational Innovation: Evidence for the U.S. Economy

Lynch, Lisa M. - Institute for the Study of Labor (IZA) - 2007

Using a unique longitudinal representative survey of both manufacturing and nonmanufacturing businesses in the United States during the 1990’s, I examine the incidence and intensity of organizational innovation and the factors associated with investments in organizational innovation. Past...

Persistent link: https://www.econbiz.de/10005703412

An Analysis of Hospital Efficiency and Productivity Growth Using the Luenberger Productivity Indicator

Barros, Carlos Pestana; Menezes, António Gomes de; … - Institute for the Study of Labor (IZA) - 2007

We analyze the efficiency and productivity growth of a representative sample of Portuguese hospitals from 1997 to 2004 …, using an innovative approach by employing the directional distance function and the Luenberger productivity indicator. The … productivity indicator that is decomposed into the usual constituents of productivity growth: technological change and efficiency …

Persistent link: https://www.econbiz.de/10005233852

Unemployment Invariance

Karanassou, Marika; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

Persistent link: https://www.econbiz.de/10005822664

Robots at Work

Graetz, Georg; Michaels, Guy - Institute for the Study of Labor (IZA) - 2015

panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …

Persistent link: https://www.econbiz.de/10011214029

The Big Trade-Off in the World of Labor

Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2015

The world is changing rapidly. This paper describes key shifts and it discusses their likely impacts on employment-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However, there will be no "end of work". Rather, it is that...

Persistent link: https://www.econbiz.de/10011269610

Nur noch Roboter und Selbstausbeutung? Über die Herausforderungen und Chancen der neuen Welt der Arbeit

Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2015

Unsere (Arbeits-)Welt scheint sich mit zunehmender Geschwindigkeit zu verändern. Der vorliegende Beitrag beschreibt zentrale Aspekte dieser Entwicklung und diskutiert ihre voraussichtlichen Auswirkungen auf Arbeit und Beschäftigung. Der Wandel ist weltweit spürbar und Roboter und Maschinen...

Persistent link: https://www.econbiz.de/10011269602

Multi-Task Learning and the Reorganization of Work. From Tayloristic to Holistic Organization

Lindbeck, Assar; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 1999

The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the shift from a Tayloristic organization of work (characterized by significant specialization by tasks) to a holistic organization (featuring job rotation, integration of tasks and...

Persistent link: https://www.econbiz.de/10005761774

Human Capital, Mortality and Fertility: A Unified Theory of the Economic and Demographic Transition

Sunde, Uwe; Cervellati, Matteo - Institute for the Study of Labor (IZA) - 2007

This paper provides a unified theory of the economic and demographic transition. Individuals make optimal decisions … formation, little longevity, high child mortality, large fertility and a sluggish income and productivity growth to a modern …

Persistent link: https://www.econbiz.de/10005763470

Does Future PC Use Determine Our Wages Today? Evidence from German Panel Data

Anger, Silke; Schwarze, Johannes - Institute for the Study of Labor (IZA) - 2002

by productivity effects. While a rather large personal computer (PC) wage premium was found in the cross … heterogeneity rather than to computer-induced productivity. …

Persistent link: https://www.econbiz.de/10005763646