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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
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the …
Persistent link: https://www.econbiz.de/10010269478
new technological paradigm, which delayed their industrialization and, hence, their take-off to a state of sustained … development in the agricultural stage but has had a negative impact on income per capita in the course of industrialization; and … economic development in the process of industrialization. …
Persistent link: https://www.econbiz.de/10010282579
Using a large, individual-level wage data set, we examine the impact of a major technological innovation – the steam engine – on skill demand and the wage structure in the merchant shipping industry. We find that the technical change created a new demand for skilled workers, the engineers,...
Persistent link: https://www.econbiz.de/10010262034
administrative data obtained from Statistics Netherlands. Excluding firms in the hospitality industry and other industries that …
Persistent link: https://www.econbiz.de/10010280683
chapter explores how Germany, Italy and the Netherlands, in terms of the strengths and vulnerabilities of their labour market …
Persistent link: https://www.econbiz.de/10012270069
This research explores the long-run effect of industrialization on the process of development. In contrast to … the French industrial revolution, the research establishes that regions in which industrialization was more intensive …. Nevertheless, intensive industrialization has had an adverse effect on income per capita, employment and equality by the turn of …
Persistent link: https://www.econbiz.de/10011307377
This research explores the effect of industrialization on the process of development. In contrast to conventional … steam engines across French departments during the early phases of industrialization, the research establishes that … intensive industrialization in the middle of the 19th century increased income per capita in the subsequent decades but …
Persistent link: https://www.econbiz.de/10011931646
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …
Persistent link: https://www.econbiz.de/10011479276
of employment in the Netherlands. Changes in the division of labour occur at three different levels: the level of the … Netherlands has witnessed unbundling in the period 1996-2005, which implies that advantages of specialisation have increased …
Persistent link: https://www.econbiz.de/10010278418