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Work meaning can be an important driver of labor supply. Since, by definition, work meaning is associated with benefits … preferences. To examine the importance of these behavioral motives for labor supply, we conduct a survey experiment with …
Persistent link: https://www.econbiz.de/10015448077
We review the theoretical justification of consumption taxes in advanced economies, providing a systematic overview of the vast public finance literature exploring how goods and services should be taxed. Our discussion focuses on both the determinants of the optimal level of consumption taxation...
Persistent link: https://www.econbiz.de/10013419319
Persistent link: https://www.econbiz.de/10003496536
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An analytical framework is developed to study the repercussions between endogenous capital- and labor-saving technical … this framework aging increases the relative scarcity of labor with respect to capital. Therefore, there will be more labor …
Persistent link: https://www.econbiz.de/10003923496
Climate change severely impacts critical facets of human capital across the life cycle. This is particularly alarming as both the frequency and intensity of extreme weather shocks continue to increase, and extremes appear to be the main channel of causality. At the same time, human capital has a...
Persistent link: https://www.econbiz.de/10014251487
We study the effect of Artificial Intelligence (AI) on employment across US commuting zones over the period 2000-2020. A simple model shows that AI can automate jobs or complement workers, and illustrates how to estimate its effect by exploiting variation in a novel measure of local exposure to...
Persistent link: https://www.econbiz.de/10014383286
We use the elements of a macroeconomic production function-physical capital, human capital, labor, and technology … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …
Persistent link: https://www.econbiz.de/10014383297
history are rarely considered in depth or used to improve predictions and planning for the coming decades. In this paper we … show that a deeper understanding of history can expand knowledge of possibilities and pitfalls for employment in the future …. We argue that history provides the only way to analyze the long-term impacts of technological change, and that the scale …
Persistent link: https://www.econbiz.de/10014430719
The elasticity of substitution between capital and labor features prominently in several areas of economic research …
Persistent link: https://www.econbiz.de/10011450090