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New Technologies and Jobs in Europe
Albanesi, Stefania; Dias da Silva, Antonio; Jimeno, Juan F. - 2023
software in 16 European countries over the period 2011-2019. Using data for occupations at the 3-digit level in Europe, we find … that on average employment shares have increased in occupations more exposed to AI. This is particularly the case for … occupations with a relatively higher proportion of younger and skilled workers. This evidence is in line with the Skill Biased …
Persistent link: https://www.econbiz.de/10014346583
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International trade, technological shocks and spillovers in the labour market: A GVAR analysis of the US manufacturing sector
Hiebert, Paul; Vansteenkiste, Isabel - 2007
We empirically analyse the response of US manufacturing labour market variables to various shocks, notably to trade openness and technology. The econometric approach involves an application of the recently developed global VAR (GVAR) methodology of D¶ees, DiMauro, Pesaran, and Smith (2005) to...
Persistent link: https://www.econbiz.de/10011604777
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International Trade, Technological Shocks and Spillovers in the Labour Market : A GVAR Analysis of the US Manufacturing Sector
Vansteenkiste, Isabel - 2007
We empirically analyse the response of US manufacturing labour market variables to various shocks, notably to trade openness and technology. The econometric approach involves an application of the recently developed global VAR (GVAR) methodology of Dees, DiMauro, Pesaran, and Smith (2005) to 12...
Persistent link: https://www.econbiz.de/10012777698
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Medium Run Redux : Technical Change, Factor Shares and Frictions in the Euro Area
McAdam, Peter - 2008
economies of continental Europe. A time-varying factor-augmenting production function (mimicking quot;directedquot; technical …
Persistent link: https://www.econbiz.de/10012771612
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Asymmetric Wage Adjustment and Employment in European Firms
Marotzke, Petra - 2017
. Our findings confirm the presence of wage rigidities in Europe: first, collective pay agreements reduce the probability of …
Persistent link: https://www.econbiz.de/10012945757
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New technologies and jobs in Europe
Albanesi, Stefania; da Silva, António Dias; Jimeno, Juan F. - 2023
software in 16 European countries over the period 2011-2019. Using data for occupations at the 3-digit level in Europe, we find … that on average employment shares have increased in occupations more exposed to AI. This is particularly the case for … occupations with a relatively higher proportion of younger and skilled workers. This evidence is in line with the Skill Biased …
Persistent link: https://www.econbiz.de/10014374775
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Does Information Help Recovering Structural Shocks from Past Observations?
Giannone, Domenico; Reichlin, Lucrezia - 2021
This paper asks two questions. First, can we detect empirically whether the shocks recovered from the estimates of a structural VAR are truly structural? Second, can the problem of nonfundamentalness be solved by considering additional information? The answer to the first question is "yes" and...
Persistent link: https://www.econbiz.de/10013317596
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How Sectoral Technical Progress and Factor Substitution Shaped Japan's Structural Transformation?
Manu, Ana-Simona - 2022
The paper quantitatively assesses the importance of supply-side drivers in the transition of the Japanese economy from low-skilled to high-skilled sectors and its implication for growth, labor demand and labor income shares. A sectoral supply-side system, estimated over the 1980-2012 period,...
Persistent link: https://www.econbiz.de/10013302731
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Euro Area Labour Markets : Different Reaction to Shocks?
Bruha, Jan - 2011
A small labour market model for the six largest euro area countries (Germany, France, Italy, Spain, the Netherlands, Belgium) is estimated in a state-space framework. The model entails, in the long run, four driving forces: a trend labour force component, a trend labour productivity component, a...
Persistent link: https://www.econbiz.de/10013132048
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Tax Reform and Labour-Market Performance in the Euro Area : A Simulation-Based Analysis Using the New Area-Wide Model
Coenen, Günter - 2007
In this paper, we employ a calibrated two-country version of the New Area-wide Model (NAWM) currently under development at the European Central Bank to examine the potential benefits and spillovers of reducing labour-market distortions caused by euro area tax structures. Our analysis shows that...
Persistent link: https://www.econbiz.de/10012777227