Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China … rapid technological progress. At the same time, the share of labor in national income decreased in most advanced countries …. This paper uses a labor share equation derived from a translog revenue function to estimate the contributions of …

neoclassical growth model with time-varying frictions (wedges). We analyze the relative importance of efficiency, labor, investment … the efficiency and labor wedges have had the greatest impact. We also compare our results with existing studies on …

measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the …

Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within …-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on … employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the …

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on …