Showing 1 - 10 of 34
The euro area experienced a slowdown in output and Total Factor Productivity growth in the 1990s compared to the 1980s …
Persistent link: https://www.econbiz.de/10010261178
dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … growth performance and for individual welfare. Third, we show that the assessment of pension reform proposals may be …
Persistent link: https://www.econbiz.de/10010264503
This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC). SBTC affects optimal taxes and subsidies by changing i) direct distributional benefits, ii) indirect redistributional effects due to wage-(de)compression, and iii) education...
Persistent link: https://www.econbiz.de/10013251267
Did recent technological change, in the form of automation, affect immigration policy in the United States? I argue that as automation shifted employment from routine to manual occupations at the bottom end of the skill distribution, it increased competition between natives and immigrants,...
Persistent link: https://www.econbiz.de/10013211737
probability of non-employment or lower earnings growth than unaffected workers. Rather, firms that adopt T&O offer routine workers …
Persistent link: https://www.econbiz.de/10014240479
In this paper, unlike the conventional wisdom, we demonstrate that the relationship between the size of the market and number of firms would be non-monotonic. While moderate rise in the size would force the local firms to exit and only the foreign firm rules, substantial rise in the size would...
Persistent link: https://www.econbiz.de/10014077000
We study the impact of techies—engineers and other technically trained workers—on firm-level productivity. We first report new facts on the role of techies in the firm by leveraging French administrative data and unique surveys. Techies are STEM-skill intensive and are associated with...
Persistent link: https://www.econbiz.de/10014348039
unleashed -- Part II. The Growth Mechanism -- Chapter 4. Hardware and software -- Chapter 5. Mechanization, automation and the … labor market -- Chapter 6. Scale of operations -- Part III. The Great Leaps -- Chapter 7. Accelerating growth in the past … -- Chapter 8. Accelerating growth in the future -- Part IV. Lessons for the Digital Era -- Chapter 9. Side effects of growth …
Persistent link: https://www.econbiz.de/10013365070
country. We analyze the consequences of this migration for both inequality and welfare for the source and the host country. …
Persistent link: https://www.econbiz.de/10010275928
scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous … growth model that reconciles the current aggregate trends in energy use and productivity growth with the intertemporal …
Persistent link: https://www.econbiz.de/10010289359