Showing 1 - 10 of 1,191
In recent times the employment effects of technical progress raised much intention. Will recent productivity gains lead … employment if product demand is elastic. It is accompanied, however, by shrinkage of employment if product demand is inelastic. A …, employment and national income for Germany provided by the Federal Statistical Office. We estimate Marshallian type demand …
Persistent link: https://www.econbiz.de/10011596136
The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on … that there is a trade-off between employment and productivity. … world economies, developed and developing. We begin with the importance of productivity growth for developing countries …
Persistent link: https://www.econbiz.de/10010207261
induced by time and local variations in sunset time. We find that a 1-hour increase in weekly sleep increases employment by 1 ….6 percentage points and weekly earnings by 3.4%. Most of this earnings effect comes from productivity improvements, while the …
Persistent link: https://www.econbiz.de/10013460183
decades. First, employment has shifted from manufacturing to services. Second, the share of female employment in total … employment has risen sharply. This paper documents a novel fact linking these two trends: female employment shares within … nonhomothetic preferences, differential sectoral productivity growth, gender complementarity in sectoral production, and rising …
Persistent link: https://www.econbiz.de/10014580761
This paper delves into the recent events that led to the formation of the housing bubble in Spain and the resulting structural change that is arguably needed to put the economy back into the right track. For this purpose we calibrate a model with different equilibria descriptive of the labor...
Persistent link: https://www.econbiz.de/10010502798
How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …
Persistent link: https://www.econbiz.de/10011415087
This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and … ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities …
Persistent link: https://www.econbiz.de/10011580909
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010236437
After a decade in which wages and employment fell precipitously in low-skill occupations and expanded in high …-skill occupations, the shape of U.S. earnings and job growth sharply polarized in the 1990s. Employment shares and relative earnings … rose in both low and high-skill jobs, leading to a distinct U-shaped relationship between skill levels and employment and …
Persistent link: https://www.econbiz.de/10003884083
This paper examines the drivers of the long-run structural transformation in Japan. We use a dynamic input-output framework that decomposes the reallocation of the total output across sectors into two components: the Engel effect (demand side) and the Baumol effect (supply side). To perform this...
Persistent link: https://www.econbiz.de/10012130126