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Offshoring and Directed Technical Change

Acemoglu, Daron; Gancia, Gino Alessandro; Zilibotti, … - 2012

Ricardian model of offshoring. A unique final good is produced by combining a skilled and an unskilled product, each produced …-scarce East. Profit maximization determines both the extent of offshoring and technological progress. Offshoring induces skill … relevant case, starting from low levels, an increase in offshoring opportunities triggers a transition with falling real wages …

Persistent link: https://www.econbiz.de/10014165244

The Rise in Disability Recipiency and the Decline in Unemployment

Autor, David H.; Duggan, Mark G. - 2013

less skilled and their employment responses to adverse employment shocks. Following program liberalization in 1984, DI …

Persistent link: https://www.econbiz.de/10014035365

The Economic Lives of the Poor

Banerjee, Abhijit V.; Duflo, Esther - 2010

This paper uses survey data from 13 countries to document the economic lives of the poor (those living on less than $2 dollar per day per capita at purchasing power parity) or the extremely poor (those living on less than $1 dollar per day). We describe their patterns of consumption and income...

Persistent link: https://www.econbiz.de/10014054888

Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings : A Summary and Interpretation

Greenstone, Michael; Kopits, Elizabeth; Wolverton, Maryann - 2014

The United States Government recently concluded a year-long process to develop a range of values representing the monetized damages associated with an incremental increase in carbon dioxide (CO2) emissions, commonly referred to as the social cost of carbon (SCC). These values are currently used...

Persistent link: https://www.econbiz.de/10014184436

The Effects of Environmental Regulation on the Competitiveness of U.S. Manufacturing

Greenstone, Michael; List, John A.; Syverson, Chad - 2012

The economic costs of environmental regulations have been widely debated since the U.S. began to restrict pollution emissions more than four decades ago. Using detailed production data from nearly 1.2 million plant observations drawn from the 1972-1993 Annual Survey of Manufactures, we estimate...

Persistent link: https://www.econbiz.de/10014165803

What does human capital do? : a review of Goldin and Katz’s The Race between Education and Technology

Acemoglu, Daron; Autor, David H. - 2012

Goldin and Katz's The Race between Education and Technology is a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the 20th century. This essay reviews the...

Persistent link: https://www.econbiz.de/10009488819

The world our grandchildren will inherit : the rights revolution and beyond

Acemoglu, Daron - 2012

Following on Keynes's Economic Possibilities for Our Grandchildren, this paper develops conjectures about the world we will leave to our grandchildren. It starts by outlining the 10 most important trends that have defined our economic, social, and political lives over the last 100 years. It then...

Persistent link: https://www.econbiz.de/10009540751

Networks and the macroeconomy : an empirical exploration

Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2015

The propagation of macroeconomic shocks through input-output and geographic networks can be a powerful driver of macroeconomic fluctuations. We first exposit that in the presence of Cobb-Douglas production functions and consumer preferences, there is a specific pattern of economic transmission...

Persistent link: https://www.econbiz.de/10011491706

Robots and jobs : evidence from U.S. labor markets

Acemoglu, Daron; Restrepo, Pascual - 2017

tasks, we show that robots may reduce employment and wages, and that the local labor market effects of robots can be … estimated by regressing the change in employment and wages on the exposure to robots in each local labor market--defined from … the national penetration of robots into each industry and the local distribution of employment across industries. Using …

Persistent link: https://www.econbiz.de/10011689323

Disaggregating the matching function

Diamond, Peter A.; Şahin, Ayşegül - 2016

hires show how the hiring process differs across different groups of workers and of firms. Decompositions include employment …

Persistent link: https://www.econbiz.de/10011573241