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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
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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
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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
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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
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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
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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
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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
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The Role of Sectoral Growth Patterns in Labor Market Development
Arias-Vazquez, Francisco Javier; Lee, Jean Nahrae; … - Institute for the Study of Labor (IZA) - 2012
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10010585691
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Unions, Increasing Returns and Endogenous Fluctuations
Coimbra, Rui; Lloyd-Braga, Teresa; Modesto, Leonor - Institute for the Study of Labor (IZA) - 2000
We analyse the implications of unions (efficient bargaining) for multiplicity of stationary states and welfare, local indeterminacy, bifurcations and endogenous fluctuations (deterministic and stochastic). We use an overlapping generations model with external increasing returns to scale, where...
Persistent link: https://www.econbiz.de/10005761682
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Using Firm Optimization to Evaluate and Estimate Returns to Scale
Gorodnichenko, Yuriy - Institute for the Study of Labor (IZA) - 2008
heterogeneity in productivity and factor prices symmetrically. The strength of the proposed estimator is illustrated by Monte Carlo …
Persistent link: https://www.econbiz.de/10005822822