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Between the dockyard and the deep blue sea: retention and personnel economics in the Royal Navy

Glaser, Darrell J.; Rahman, Ahmed S. - 2021

This paper tackles some issues in personnel economics using the career profiles of British naval officers during the late 19th and early 20th centuries. We ask how promotions, payouts, positions, and peers affect worker retention. Random variation in task assignments and job promotions allows us...

Persistent link: https://www.econbiz.de/10012418482

Productivity, welfare and reallocation : theory and firm-level evidence

Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - 2009

We prove that the change in welfare of a representative consumer is summarized by the current and expected future values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility while taking prices parametrically. This result justifies...

Persistent link: https://www.econbiz.de/10003925275

Technological advance, social fragmentation and welfare

Bosworth, Steven; Snower, Dennis J. - 2021

This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...

Persistent link: https://www.econbiz.de/10012418627

Can workforce development help us reach full employment?

Holzer, Harry J. - 2023

In this paper, I review the potential of workforce development programs to help the US get closer to "full employment." First, I provide some background on workforce development in the US, and also on the aggregate employment/labor force issues that workforce programs may or may not address....

Persistent link: https://www.econbiz.de/10014431790

Innovation and employment in patenting firms : empirical evidence from Europe

Van Roy, Vincent; Vertesy, Daniel; Vivarelli, Marco - 2015

This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors …

Persistent link: https://www.econbiz.de/10011288522

May AI revolution be labour-friendly? : some micro evidence from the supply side

Damioli, Giacomo; Van Roy, Vincent; Vertesy, Daniel; … - 2021

innovation in the AI supply industries. However, this effect is small in magnitude and limited to service sectors and younger …

Persistent link: https://www.econbiz.de/10012517502

Innovation and the labor market : theory, evidence and challenges

Corrocher, Nicoletta; Moschella, Daniele; Staccioli, Jacopo - 2023

This paper deals with the complex relationship between innovation and the labor market, analyzing the impact of new …

Persistent link: https://www.econbiz.de/10014286647

Welfare analysis in a Schumpeterian growth model with capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10011401108

The role of demand in fostering product vs process innovation : a model and an empirical test

Dawid, Herbert; Pellegrino, Gabriele; Vivarelli, Marco - 2017

While the extant innovation literature has provided extensive evidence of the so-called "demand-pull" effect, the … possible diverse impact of demand evolution on product vs process innovation activities has not been yet investigated. This … innovation. This prediction is then tested through a dynamic microeconometric model, controlling for R&D persistence, sample …

Persistent link: https://www.econbiz.de/10011672710

Happiness, growth, and public policy

Easterlin, Richard A. - 2013

If society's goal is to increase people's feelings of well-being, economic growth in itself will not do the job. Full employment and a generous and comprehensive social safety net do increase happiness. Such policies are arguably affordable not only in higher income nations but also in countries...

Persistent link: https://www.econbiz.de/10009717888

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