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Uneven Technical Progress and Unemployment

Gersbach, Hans; Schniewind, Achim - 2002

In a two-sector-economy with real wage rigidity, we examine how technical progress in one sector affects aggregate unemployment. We show that aggregate unemployment decreases for uneven technical change in the case of Cobb-Douglas production functions. For every type of technical progress there...

Persistent link: https://www.econbiz.de/10010262774

Skills, Tasks, and Complexity

Gersbach, Hans; Schmassmann, Samuel - 2019

We introduce a new task-based framework to describe production. It focuses on the fact that certain tasks are too complex for many workers to perform. In such an environment, the relationship between wages of workers may significantly differ from their relative productivities. The labor market...

Persistent link: https://www.econbiz.de/10012179963

The Impact of Regulation on Innovation

Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …

Persistent link: https://www.econbiz.de/10012497983

Does city Structure affect the labor market outcomes of black workers?

Selod, Harris; Zenou, Yves - 2003

In this paper, location choices are driven by households (both blacks and whites) consciously choosing to trade off proximity to neighbors of similar racial backgrounds for proximity to jobs. Because of coordination failures in the location choices, multiple urban equilibria emerge. There is a...

Persistent link: https://www.econbiz.de/10010261635

High Compensation Creates a Ratchet Effect

Glazer, Amihai; Gersbach, Hans - 2004

We consider a firm which pays a worker for his effort over several periods. The more the firm pays in one period, the wealthier the worker is in the following periods, and so the more he must be paid for a given effort. This wealth effect can induce an employer to pay little initially and more...

Persistent link: https://www.econbiz.de/10010261892

Do Oppositional Identities Reduce Employment for Ethnic Minorities?

Battu, Harminder; Mwale, McDonald; Zenou, Yves - 2003

We develop a model in which non-white individuals are defined with respect to their social environment (family, friends, neighbors) and their attachments to their culture of origin (religion, language), and in which jobs are mainly found through social networks. We found that, depending on how...

Persistent link: https://www.econbiz.de/10010261978

Spatial Mismatch: From the Hypothesis to the Theories

Selod, Harris; Gobillon, Laurent; Zenou, Yves - 2003

Since the 1950s, there has been a steady decentralization of entry-level jobs towards the suburbs of American cities, while racial minorities ?and particularly blacks? have remained in city centers. In this context, the spatial mismatch hypothesis argues that because the residential locations of...

Persistent link: https://www.econbiz.de/10010262106

Spatial Mismatch, Search Effort and Urban Spatial Structure

Smith, Tony E.; Zenou, Yves - 2003

The aim of this paper is to provide a new mechanism for the spatial mismatch hypothesis. Spatial mismatch can here be the result of optimizing behavior on the part of the labor market participants. In particular, the unemployed can choose low amounts of search and long-term unemployment if they...

Persistent link: https://www.econbiz.de/10010262107

Beware of Workaholics : Household Preferences and Individual Equilibrium Utility

Gersbach, Hans; Haller, Hans - 2005

This paper analyzes the effects of sociological changes in the form of a shift of influence within two-member households participating in labor and product markets. The most striking effects occur when household members differ in individual preferences and enjoy positive leisure-dependent...

Persistent link: https://www.econbiz.de/10010262216

Space, Search and Efficiency

Wasmer, Etienne; Zenou, Yves - 2000

We investigate the role of spatial frictions in search equilibrium unemployment. For that, we develop a model of the labor market in which workers? location in an agglomeration depends on commuting costs, the endogenous price of land and the value of job search and employment. We first show that...

Persistent link: https://www.econbiz.de/10010262389