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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 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

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

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

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

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

The Growth of Low Skill Service Jobs and the Polarization of the U.S. Labor Market

Autor, David; Dorn, David - Institute for the Study of Labor (IZA) - 2012

We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between consumer preferences, which favor variety over...

Persistent link: https://www.econbiz.de/10011079230

Untangling Trade and Technology: Evidence from Local Labor Markets

Autor, David; Dorn, David; Hanson, Gordon H. - Institute for the Study of Labor (IZA) - 2013

We juxtapose the effects of trade and technology on employment in U.S. local labor markets between 1990 and 2007. Labor markets whose initial industry composition exposes them to rising Chinese import competition experience significant falls in employment, particularly in manufacturing and among...

Persistent link: https://www.econbiz.de/10011079235

The "Task Approach" to Labor Markets: An Overview

Autor, David - Institute for the Study of Labor (IZA) - 2013

An emerging literature argues that changes in the allocation of workplace "tasks" between capital and labor, and between domestic and foreign workers, has altered the structure of labor demand in industrialized countries and fostered employment polarization – that is, rising employment in the...

Persistent link: https://www.econbiz.de/10010648184