Showing 1 - 9 of 9
, we observe interesting patterns in the skill composition, employment opportunities and wages for migrants to the …
Persistent link: https://www.econbiz.de/10010264459
immigrant networks and negative effects of unemployment rates. In addition, we find that employment protection, union coverage …
Persistent link: https://www.econbiz.de/10010264522
Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the … Solow-Swan model. The aggregate production function allows for two types of capital, traditional and automation capital …. Traditional capital and labor are imperfect substitutes whereas automation capital and labor are perfect substitutes. In this …
Persistent link: https://www.econbiz.de/10012866317
processes? The present paper addresses this question in a new macroeconomic model of automation where competitive firms perform … and substitute for labor in the performance of tasks. Automation is labor-augmenting in the reduced-form aggregate … though the aggregate production function is Cobb-Douglas. Population aging due to a higher longevity reduces automation in …
Persistent link: https://www.econbiz.de/10013218295
change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor … taxation, automation capital, and capital adjustment costs. Labor and automation capital are perfect substitutes whereas labor …
Persistent link: https://www.econbiz.de/10014082792
Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the … Solow-Swan model. The aggregate production function allows for two types of capital, traditional and automation capital …. Traditional capital and labor are imperfect substitutes whereas automation capital and labor are perfect substitutes. In this …
Persistent link: https://www.econbiz.de/10012052836
processes? The present paper addresses this question in a new macroeconomic model of automation where competitive firms perform … and substitute for labor in the performance of tasks. Automation is labor-augmenting in the reduced-form aggregate … though the aggregate production function is Cobb-Douglas. Population aging due to a higher longevity reduces automation in …
Persistent link: https://www.econbiz.de/10012657899
employment effects. We quantify these effects for Germany. Following Borjas (2003), we estimate a structural model of labor …
Persistent link: https://www.econbiz.de/10010274461
union which cares for wages and employment, we determine a range of trade union objectives and characterize the aggregate …
Persistent link: https://www.econbiz.de/10010315146