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Electricity is a general purpose technology and the catalyst for the second industrial revolution. What was its impact on the structure of employment? We use U.S. Census data from 1910 to 1940 and measure electrification with the length of higher-voltage electricity lines. Instrumenting for...
Persistent link: https://www.econbiz.de/10012213897
Income inequality in the context of large structural change has received a lot of attention in the literature, but most studies relied on household post-transfer inequality measures. This study utilizes a novel and fairly comprehensive collection of micro data sets from between 1980's and 2010...
Persistent link: https://www.econbiz.de/10011785673
In recent times the employment effects of technical progress raised much intention. Will recent productivity gains lead to technological unemployment or to a new prosperity? In our paper it is shown formally that under general and standard preconditions the price elasticity of demand on product...
Persistent link: https://www.econbiz.de/10011596136
A society is characterized by the common attitudes and behavior of its members. Such behavior reflects purposive decision making by individuals, given the environment they live in. Thus, as technology changes, so might social norms. There were big changes in social norms during the 20th century,...
Persistent link: https://www.econbiz.de/10003716525
. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross …
Persistent link: https://www.econbiz.de/10009011635
This paper presents a general equilibrium assignment model of workers to tasks with endogenous supply of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur; workers self-select the type of skills to supply and firms...
Persistent link: https://www.econbiz.de/10009727655
Persistent link: https://www.econbiz.de/10001784198
African agriculture's importance for sustainable development is well appreciated. Indeed, recent years have seen a … physical resources across occupations and space, and without which agriculture and industrial development, and hence structural … agriculture and focus on the literature on entrepreneurship in Africa's structural transformation. I present a conceptual model to …
Persistent link: https://www.econbiz.de/10011388301
skills. In particular, the prescriptions by the conventional trade theory will be contrasted with a view taking into account …
Persistent link: https://www.econbiz.de/10011916217
the theory of endogenous technical change suggest that such policies could have limited or even perverse labor …
Persistent link: https://www.econbiz.de/10011607505