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Skill-Biased Transition: The Role of Markets, Institutions, and Technological Change
Sabirianova Peter, Klara - 2003
This study attempts to explain why the transition to a market economy is skill-biased. It shows unequivocal evidence on increased skill wage premium and supply of skills in transition economies. It examines whether similar skill?favoring shifts in the Russian and U.S. economies are driven by the...
Persistent link: https://www.econbiz.de/10010261607
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Welfare Analysis in a Schumpeterian Growth Model with Capital
Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10010262488
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Unemployment invariance
Karanassou, Marika; Snower, Dennis J. - 2002
This paper provides a critique of the ?unemployment invariance hypothesis,? according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10010265548
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Outsourcing and technological innovations: a firm-level analysis
Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2008
rapidly. As the pace of innovations in production technology increases, the firm has less time to amortize the sunk costs …
Persistent link: https://www.econbiz.de/10010268654
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Outsourcing and technological change
Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2009
We present a dynamic model where the probability of outsourcing production is increasing in the firm's expectation of … technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the … used and provide causal evidence of the impact of expected technological change on the likelihood and extent of production …
Persistent link: https://www.econbiz.de/10010269467
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On the rise of health spending and longevity
Fonseca, Raquel; Michaud, Pierre-Carl; Galama, Titus; … - 2009
We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...
Persistent link: https://www.econbiz.de/10010269651
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The job creation effect of R&D expenditures
Bogliacino, Francesco; Vivarelli, Marco - 2010
In this study we use a unique database covering 25 manufacturing and service sectors for 16 European countries over the period 1996-2005, for a total of 2,295 observations, and apply GMM-SYS panel estimations of a demand-for-labour equation augmented with technology. We find that R&D...
Persistent link: https://www.econbiz.de/10010269701
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Multi-task learning and the reorganization of work: From Tayloristic to holistic organization
Lindbeck, Assar; Snower, Dennis J. - 1999
The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the … restructuring process: advances in production technologies promoting technological task complementarities, advances in information …
Persistent link: https://www.econbiz.de/10010273105
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Economic reform, informal-formal sector linkages and intervention in the informal sector in developing countries: A paradox
Arvin-Rad, Hassan; Basu, Arnab K.; Willumsen, Maria - 2010
Within a general equilibrium framework of a developing economy with a foreign owned factor of production, this paper … labor intensive stages of production to the informal sector. …
Persistent link: https://www.econbiz.de/10010274701
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Task-biased changes of employment and remuneration: The case of occupations
Kampelmann, Stephan; Rycx, François - 2011
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into good and bad jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that this...
Persistent link: https://www.econbiz.de/10010276474