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Balanced growth despite Uzawa
Grossman, Gene M.; Helpman, Elhanan; Oberfield, Ezra; … - 2016
Persistent link: https://www.econbiz.de/10011438949
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The economic evaluation of low and non-waste technologies
Pearce, David W. - 1983
Persistent link: https://www.econbiz.de/10002161068
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Product and process innovations in the life cycle of an industry
Filson, Darren - In: Journal of economic behavior & organization : JEBO 49 (2002) 1, pp. 97-112
Persistent link: https://www.econbiz.de/10001685868
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Technical Progress in U.S. Manufacturing Sectors, 1948-1973 : an Application of Lie Groups
Sato, Ryuzo - 2010
The purpose of this paper is to apply the theory of Lie transformation groups as developed by the first author, and … economics to incorporate the theory of Lie transformation groups, so the results are new, but they are also interesting. Using …
Persistent link: https://www.econbiz.de/10012760052
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Shifts in U.S. Relative Wages : The Role of Trade, Technology and Factor Endowments
Baldwin, Robert E. - 2010
This paper investigates three hypotheses to account for the observed shifts in U.S. relative wages of less educated compared to more educated workers between 1967 and 1992: increased import competition, changes in the relative supplies of labor of different education levels and changes in...
Persistent link: https://www.econbiz.de/10012763662
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U.S. Wages in General Equilibrium : the Effects of Prices, Technology, and Factor Supplies, 1963-1991
Harrigan, James; Balaban, Rita A. - 2021
technology, prices, and factor supplies. The model is based on the neoclassical theory of production, and is implemented by …
Persistent link: https://www.econbiz.de/10013249551
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Correlated Disturbances and U.S. Business Cycles
Cúrdia, Vasco - 2010
The dynamic stochastic general equilibrium (DSGE) models that are used to study business cycles typically assume that exogenous disturbances are independent autoregressions of order one. This paper relaxes this tight and arbitrary restriction, by allowing for disturbances that have a rich...
Persistent link: https://www.econbiz.de/10013147368
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How marginal is lignite? : two simple approaches to determine price-setting technologies in power markets
Germeshausen, Robert; Wölfing, Nikolas - 2019
The parameterisation of energy and climate policies often depends on the technology, which is price-setting in electricity markets. We propose two simple approaches to determine marginal technologies in electricity wholesale from available data. Both approaches are complementary, computationally...
Persistent link: https://www.econbiz.de/10012055621
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The Structure of Production, Technical Change and Efficiency in a Multiproduct Industry : An Application to U.S. Airlines
Good, David H.; Nadiri, M. Ishaq; Sickles, Robin C. - 2022
In this paper we construct a short run model of the firm describing the behavior of thirteen U.S. airlines during the difficult transition to deregulation. Several modeling scenarios are developed to assess three common assumptions in cost studies: the use of time as a proxy for technological...
Persistent link: https://www.econbiz.de/10013324615
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Wage divergence and unemployment : the impact of insider power and training costs
Muysken, Joan - 2000
general equilibrium model, this paper shows that skilled insiders in the USA enjoy higher rents and increase the skilled wage … outsiders in the USA do not possess a powerful credible threat to improve their position. This is a consequence from higher … training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
Persistent link: https://www.econbiz.de/10013428334