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Technological Changes, Offshoring, and the Labor Share
Lian, Weicheng - 2019
Existing studies on the downward trend in the labor share of income mostly focus on changeswithin individual countries. I document, however, that half of the global decline in the laborshare of income can be traced to the relocation of activities between countries. I develop atwo-country model...
Persistent link: https://www.econbiz.de/10012864118
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The Structural Determinants of the Labor Share in Europe
Dimova, Dilyana - 2019
The labor share in Europe has been on a downward trend. This paper finds that the decline is concentrated in manufacture and among low- to mid-skilled workers. The shifting nature of employment away from full-time jobs and a rollback of employment protection, unemployment benefits and...
Persistent link: https://www.econbiz.de/10012888756
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What Explains the Decline of the U.S. Labor Share of Income? An Analysis of State and Industry Level Data
Abdih, Yasser - 2017
The U.S. labor share of income has been on a secular downward trajectory since thebeginning of the new millennium. Using data that are disaggregated across both state andindustry, we show the decline in the labor share is broad-based but the extent of the fallvaries greatly. Exploiting a new...
Persistent link: https://www.econbiz.de/10012948535
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The Exposure to Routinization : Labor Market Implications for Developed and Developing Economies
Das, Mitali - 2018
Evidence that the automation of routine tasks has contributed to the polarization of labor markets hasbeen documented for many developed economies, but little is known about its incidence in developingeconomies. We propose a measure of the exposure to routinization-that is, the risk of the...
Persistent link: https://www.econbiz.de/10012913888
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Bridging the Mobile Digital Divide in Sub-Saharan Africa : Costing under Demographic Change and Urbanization
Alper, C. Emre - 2020
Digital connectivity, including through the modern cellular network technologies, is expected to play a key role for the Future of Work in sub-Saharan Africa (SSA). We estimate the cost of introducing a full-scale 4G network by 2025 in SSA and an operable 5G network by 2040. We adapt the costing...
Persistent link: https://www.econbiz.de/10012843526
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Fear of Service Outsourcing : Is it Justified?
Amiti, Mary - 2011
The recent media and political attention on service outsourcing from developed to developing countries gives the … impression that outsourcing is exploding. As a result, workers in industrial countries are anxious about job losses. This paper … aims to establish what are the hypes and what are the facts. The results show that although service outsourcing has been …
Persistent link: https://www.econbiz.de/10012757114
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Automation, Skills and the Future of Work : What do Workers Think?
Mulas-Granados, Carlos - 2020
We exploit a survey data set that contains information on how 11,000 workers across advanced and emerging market economies perceive the main forces shaping the future of work. In general, workers feel more positive than negative about automation, especially in emerging markets. We find that...
Persistent link: https://www.econbiz.de/10012843306
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Who Creates New Firms When Local Opportunities Arise?
Bernstein, Shai - 2018
New firm formation is a critical driver of job creation, and an important contributor to the responsiveness of the economy to aggregate shocks. In this paper we examine the characteristics of the individuals who become entrepreneurs when local opportunities arise due to an increase in local...
Persistent link: https://www.econbiz.de/10012909407
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Assessing Competitiveness Using Industry Unit Labor Costs : An Application to Slovakia
Broeck, Mark de - 2012
Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy advice. Furthermore, aggregate statistical measures of...
Persistent link: https://www.econbiz.de/10013101516
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The More the Merrier? A Machine Learning Algorithm for Optimal Pooling of Panel Data
Bolhuis, Marijn - 2020
We leverage insights from machine learning to optimize the trade off between bias and variance when estimating economic models using pooled datasets. Specifically, we develop a simple algorithm that estimates the similarity of economic structures across countries and selects the optimal pool of...
Persistent link: https://www.econbiz.de/10012836102