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The city paradox : skilled services and remote work

Althoff, Lukas; Eckert, Fabian; Ganapati, Sharat; … - 2020

The large cities in the US are the most expensive places to live. Paradoxically, this cost is disproportionately paid by workers who could work remotely, and live anywhere. The greater potential for remote work in large cities is mostly accounted for by their specialization in skill- and...

Persistent link: https://www.econbiz.de/10012382231

Skilled scalable services : the new urban bias in economic growth

Eckert, Fabian; Ganapati, Sharat; Walsh, Conor - 2020

Since 1980, economic growth in the U.S. has been fastest in its largest cities. We show that a group of skill- and information-intensive service industries are responsible for all of this new urban bias in recent growth. We then propose a simple explanation centered around the interaction of...

Persistent link: https://www.econbiz.de/10012315946

Optimal linear income taxation and education subsidies under skill-biased technical change

Jacobs, Bas; Thuemmel, Uwe - 2020

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/10012404588

The effect of recent technological change on US immigration policy

Brey, Björn - 2021

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 …-skill immigration. Finally, I provide evidence that this did not affect trade policy, which is in line with automation having increased …

Persistent link: https://www.econbiz.de/10012622550

Technological and organizational change and the careers of workers

Battisti, Michele; Dustmann, Christian; Schönberg, Uta - 2022

This paper investigates the effects of technological and organizational change (T&O) on jobs and workers. We show that although T&O reduces firm demand for routine relative to abstract task-based jobs, affected workers do not face higher probability of non-employment or lower earnings growth...

Persistent link: https://www.econbiz.de/10013463645

Balanced growth despite Uzawa

Grossman, Gene M.; Helpman, Elhanan; Oberfield, Ezra; … - 2016

Evidence for the United States suggests balanced growth despite falling investment-good prices and less than unitary elasticity of substitution between capital and labor. This is inconsistent with the Uzawa Growth Theorem. We extend Uzawa.s theorem to show that introducing human capital...

Persistent link: https://www.econbiz.de/10011434429

Identity-driven cooperation versus competition

Snower, Dennis J.; Bosworth, Steven - 2016

This paper seeks to extend the domain of identity economics by exploring motivational foundations of in-group cooperation and out-group competition. On this basis, we explore the reflexive interaction between individual economic decisions and social identities in response to technological change...

Persistent link: https://www.econbiz.de/10011434452

Second-best renewable subsidies to de-carbonize the economy : commitment and the green paradox

Rezai, Armon; Ploeg, Frederick van der - 2016 - Revised January 2016

Climate change must deal with two market failures: global warming and learning by doing in renewable use. The first-best policy consists of an aggressive renewables subsidy in the near term and a gradually rising and falling carbon tax. Given that global carbon taxes remain elusive, policy...

Persistent link: https://www.econbiz.de/10011417667

Anonymity, efficiency wages and technological progress

Broadberry, Stephen N.; Ghosal, Sayantan; Proto, Eugenio - 2016

Although the Industrial Revolution is often characterized as the culmination of a process of commercialisation, the precise nature of such a link remains unclear. This paper provides an analysis of one such link: the role of commercialisation in raising wages as impersonal labour market...

Persistent link: https://www.econbiz.de/10011482655

Endogenous business cycles and growth

Wälde, Klaus - 2003

Current explanations why a growing economy necessarily goes through booms and recessions predict countercyclical R&D investment. As this is very controversial from an empirical perspective, a stochastic Poisson model of endogenous business cycles and growth is presented where the determinants of...

Persistent link: https://www.econbiz.de/10011507773