Showing 1 - 10 of 343
KLEMS database. I distinguish between three types of capital: information and communication technologies (ICT), intellectual … property (IP) capital, and traditional capital. I assume that the aggregate output is produced using labor and these three … types of capital and allow for differences in the elasticities of substitution between labor, an aggregate of ICT and IP …
Persistent link: https://www.econbiz.de/10014243755
This paper explores the effects of high skilled immigration to a host country with unionized low skilled labor and an … unemployment insurance scheme. We show that such immigration can create a negative immigration surplus due to adverse effects on …
Persistent link: https://www.econbiz.de/10010264446
. Inequality, measured with anthropometric methods, was associated with a lower speed of human capital formation. Not all talents … converged somewhat during this period. In addition, we study the correlates of low-intensity immigration in Chile. Regions with …
Persistent link: https://www.econbiz.de/10012838234
With the ensuing immigration reform in the US, the paper shows that targeted skilled immigration into the R&D sector … have spillover benefits for the unskilled sector while immigration into the production sector will always reduce wage …' skill in R&D activities and intensity of inputs. Inclusive immigration policy requires inter-sectoral diffusion of ideas …
Persistent link: https://www.econbiz.de/10012861379
district and firm level. Large, high-productivity and capital-intensive firms benefit the most, in terms of innovation activ …
Persistent link: https://www.econbiz.de/10014241996
Child skills are shaped by parental investments. Health shocks to parents can affect these investments and their children’s skills. This paper estimates causal effects of severe parental health shocks on child socio-emotional skills. Drawing on a large-scale survey linked to hospital records,...
Persistent link: https://www.econbiz.de/10014078673
This paper estimates the causal effect of rural-urban migration on urban production in China. We use longitudinal data on manufacturing firms between 2001 and 2006 and exploit exogenous variation in rural-urban migration due to agricultural price shocks. Following a migrant inflow, labor costs...
Persistent link: https://www.econbiz.de/10012892144
the particular savings hypothesis. However, if savings out of capital income are substantial so that a certain threshold …
Persistent link: https://www.econbiz.de/10010264251
In a neoclassical economy with endogenous capital- and labor-augmenting technical change the steady-state growth rate … of output per worker is shown to increase in the elasticity of substitution between capital and labor. This confirms the …
Persistent link: https://www.econbiz.de/10010266084
We characterize intertemporal utility functions over heterogeneous goods that feature (i) a constant elasticity of substitution between goods at each point in time and (ii) a constant intertemporal elasticity of substitution for at least one of the goods. We find that a standard (stationary)...
Persistent link: https://www.econbiz.de/10012844425