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Understanding whether technical change is beneficial or detrimental for employment is at the center of the policy debate, especially in phases of economic recession. So far, the effects of innovation - in its manifold declinations and intrinsic complexity - on labour demand have proven to be not...
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Drawing on the labour-augmented K+S agent-based model, this paper develops a two-country North-South ABM wherein the leader and the laggard country interact through the international trade of capital goods. The model aims to address sources of asymmetries and possible converge patterns between...
Persistent link: https://www.econbiz.de/10014251418
This paper presents an agent-based model (ABM) of endogenous arrival of technological paradigms and new sectors entailing different patterns of labour creation and destruction, as well as of consumption dynamics. The model, building on the labour-augmented K+S ABM, addresses the long-term...
Persistent link: https://www.econbiz.de/10012520255
The purpose of this paper is to investigate the mechanisms underlying the relationship between automation and labor market polarization. To do so, we build an agent-based model (ABM) in which workers, heterogeneous in nature and level of skills, interact endogenously on a decentralized labor...
Persistent link: https://www.econbiz.de/10012625746
This paper deals with the complex relationship between innovation and the labor market, analyzing the impact of new technological advancements on overall employment, skills and wages. After a critical review of the extant literature and the available empirical studies, novel evidence is...
Persistent link: https://www.econbiz.de/10014289232
This paper delves into geographical agglomeration patterns of economic activities focusing on the connection between these agglomeration tendencies and sectoral patterns of innovative activities. Within a broad evolutionary perspective, we refine upon incumbent statistical models, trying to...
Persistent link: https://www.econbiz.de/10014500969
heterogeneous boundedly-rational agents who learn and adapt to a changing environment. The model combines migration decision of both …
Persistent link: https://www.econbiz.de/10012695125
economic activities evenly distribute when the pecuniary externalities prevail, and agglomerate otherwise. Due to the … Geography ; Heterogeneity ; Agglomeration ; Technological externalities ; Markov Chains …
Persistent link: https://www.econbiz.de/10008729574
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