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This chapter reviews recent advances in the task model and shows how this framework can be put to work to understand the major labor market trends of the last several decades. Production in each industry necessitates the completion of a range of tasks, which can be allocated to workers of...
Persistent link: https://www.econbiz.de/10015056199
Recently, the relative demand for skilled labor has increased dramatically. We investigate one of the causes, skill-biased technical change. Advances in information technology (IT) are among the most powerful forces bearing on the economy. Employers who use IT often make complementary...
Persistent link: https://www.econbiz.de/10012471658
We describe how a single technological innovation, the introduction of image processing of checks, led to distinctly …
Persistent link: https://www.econbiz.de/10012470847
Persistent link: https://www.econbiz.de/10000663281
relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …
Persistent link: https://www.econbiz.de/10012471503
U.S. agriculture was transformed during the 20th century by waves of innovation with mechanical, biological, chemical … innovation will be required to preserve past productivity gains in the face of climate change, coevolving pests and diseases, and … changing technological regulations--let alone increase productivity. Great potential exists for innovation in crop and …
Persistent link: https://www.econbiz.de/10012481789
While many studies have looked at innovation and adoption of technologies separately, the two processes are linked …
Persistent link: https://www.econbiz.de/10012466550
Employing a sample of renowned U.S. inventors that combines biographical detail with information on the patents they received over their careers, we highlight the impact of early U.S. patent institutions in providing broad access to economic opportunity and in encouraging trade in new...
Persistent link: https://www.econbiz.de/10012467721
Recent scholarship highlights the importance of institutions to the processes of economic growth, but the precise nature of their relationship bears further examination. This paper considers how the evolution of legal institutions has contributed to, and in turn been affected by, major...
Persistent link: https://www.econbiz.de/10012468347
The paper explores the role of institutional mechanisms in generating technological knowledge spillovers. The estimation is over panel datasets of patent grants, and unpatented innovations that were submitted for prizes at the annual industrial fairs of the American Institute of New York, during...
Persistent link: https://www.econbiz.de/10012457934