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As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
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This study analyzes the effects of inflation on the long-run nexus between unemployment and economic growth. We introduce money demand via a cash-in-advance (CIA) constraint on R&D investment into a scale-invariant Schumpeterian growth model with matching frictions in the labor market. Given the...
Persistent link: https://www.econbiz.de/10011118529
The role of Eritrean women in thirty years war of independence brought major changes and reflects in the present demography and economy of Eritrea in the development arena. Their participation in the economy contributes to local production and income by filling the gaps left by men who died in...
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This article examines the interrelationships among race, culture, skill, and the distribution of wages. I utilize a three-equation system to explore this process: skill is a multidimensional productive attribute measured by years of education and work effort; educational attainment is a function...
Persistent link: https://www.econbiz.de/10005621985
As at today, it is an indisputable fact that the climate is changing and there is a scientific consensus that the world is becoming a warmer place principally attributable to human activities. Regrettably, the physical impacts of future climate change on humans and the environment will include...
Persistent link: https://www.econbiz.de/10011259199
We propose a dynamic general equilibrium model to address the effects of technological progress on immigrant skill composition. Our results from this positive model suggest that neutral and skill-biased technological change imply essentially different immigration policies. On the one hand,...
Persistent link: https://www.econbiz.de/10011262751