We revisit Western Europe’s record with labor-productivity convergence, and tentatively extrapolate its implications … reallocation of labor from agriculture to manufacturing and services, which have higher capital intensity and use resources more … efficiently. The other margin (within industry) reflects capital deepening and technology catchup at the industry level. In …

increase in inequality between firms (and within industries). Increased productivity dispersion appears to be linked with new …

We test the hypothesis that information and communication technologies (ICT) “polarize” labor markets, by increasing …

good fraction of thisinequality growth is due to technology-related increases in the demand for skilled workersoutstripping … clerks, leaving the demand for the lowest skilled service tasks largely unaffected.Finally, I argue that technology is partly …

OECD labor markets have become more “polarized” with employment in the middle of the skill distribution falling … technology (like R&D). Technologies can account for up to a quarter of the growth in demand for the college educated in the …

We investigate if there is a causal link between education and health knowledge using data from the 1984/85 and 1991 …/92 waves of the UK Health and Lifestyle Survey (HALS). Uniquely, the survey asks respondents what they think are the main … causes of ten common health conditions, and we compare these answers to those given by medical professionals to form an index …

decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly …. As the available public information about the specific technology increases, the trade-off shifts in favour of … centralization. We show that firms closer to the technological frontier, firms in more heterogeneous environments and younger firms …

evidence that both strategic patenting and R&D spillovers strongly affect innovation and market value of software firms. …