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start with a graphic tour through the mechanics ofgeneral equilibrium theory on trade and wages. This provides a set of …
Persistent link: https://www.econbiz.de/10011284078
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This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows us to evaluate if and how an economy locked into a dirty technology can be unlocked and move towards...
Persistent link: https://www.econbiz.de/10011382078
This paper analyses the adoption of energy-efficiency enhancing technologies by heterogeneous firms. The fact that energy use does not only cause external environmental costs through pollution, but also directly affects the profitability of the firm and hence its behaviour on input and output...
Persistent link: https://www.econbiz.de/10010338456
In this paper we derive a structural measure for labor market density based on the Ellison and Glasear (1997) "Index for industry concentration". This labor market density measure serves as a proxy for the number of workers that can reach a certain work area within a reasonal amount of traveling...
Persistent link: https://www.econbiz.de/10011303301
We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North by … developing the basic linkages between trade-based integration and relative wages in an Ethier-type division of labor model. Using … this model we identify a formal relationship between international trade, productivity, and wages. We then examine the …
Persistent link: https://www.econbiz.de/10011334843
We investigate the major choice of college graduates where we make choice dependent on expected initial wages and … expected real wage growth and expected initial wages across majors. Furthermore, the differences in these expectations appear …
Persistent link: https://www.econbiz.de/10012228687
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The green transition towards a carbon neutral economy constitutes a technological transformation, in which firms need to invest in new, clean technologies. In order to be operated, these new technologies often require a set of technology-specific skills that differ from those that were relevant...
Persistent link: https://www.econbiz.de/10014427423