Showing 1 - 10 of 1,938
An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from...
Persistent link: https://www.econbiz.de/10012583063
We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While automation implies constant returns to capital within this model class (even in the absence of technological progress), we show that it does not have the potential to lead to positive...
Persistent link: https://www.econbiz.de/10011668997
Persistent link: https://www.econbiz.de/10000881524
Persistent link: https://www.econbiz.de/10003730765
Persistent link: https://www.econbiz.de/10003335384
Although a rich and extensive body of theoretical research on new economic geography has emerged, empirical research remains comparatively less well developed. This paper reviews the existing empirical literature on the predictions of new economic geography models for the distribution of income...
Persistent link: https://www.econbiz.de/10003868129
Persistent link: https://www.econbiz.de/10003546371
Persistent link: https://www.econbiz.de/10003529942
"Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in...
Persistent link: https://www.econbiz.de/10010522492
Persistent link: https://www.econbiz.de/10009746304