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After entering the European Union (EU) Latvia faced new possibilities in international labor market. In 2004 several member states opened their labor markets to workers from Latvia. The largest amount of labor force went to Ireland, Great Britain and Sweden. In these countries salaries were...
Persistent link: https://www.econbiz.de/10008805043
In this study, we analyze the effects of labor shortage in China on the direction of innovation in the US by incorporating production offshoring into a North-South model of directed technical change. We �find that if offshoring is present (absent) in equilibrium, then a decrease (an increase)...
Persistent link: https://www.econbiz.de/10011259099
Mechanization− the replacement by machines of humans engaged in production tasks− is a continuing process since the Industrial Revolution. As a result, humans have shifted to tasks machines cannot perform efficiently. The general trend until about the 1960s is the shift from manual tasks to...
Persistent link: https://www.econbiz.de/10011260319
In this paper we use both the standard Census of Manufacturing data and new linked information on worker characteristics for the Finnish manufacturing plants to examine the skilled/unskilled relative demand and its correlation with technology and demand factors. The linked worker-plant data are...
Persistent link: https://www.econbiz.de/10011260527
At the heart of the Skill Biased Technical Change literature is a discussion of the temporal impact of technological change on wages. The narrative describes technological change as allowing for the increased codification of routine tasks which enables capital to become more easily substituted...
Persistent link: https://www.econbiz.de/10011262871
The hypothesis is that Pareto and Kaldor-Hicks Efficiency have an aspect of sustainability in relation to inequality. The analysis finds efficient situations reached increasing inequality as diminishing in the long term effective demand in a larger measure than counterbalancing increases thanks...
Persistent link: https://www.econbiz.de/10008540106
This paper considers evidence on the impact of ICT on demand for different types of workers, focusing in particular on the age dimension. It first examines data from EUKLEMS using regressions standard in the literature and suggests ICT may have adversely affected older workers, in particular...
Persistent link: https://www.econbiz.de/10011109432
Among better-educated employed men, the fraction of full-time full-year (FTFY) workers is quite high and stable -- around 90 percent -- over time in the U.S. Among those with lower education levels, however, this fraction is much lower and considerably more volatile, moving within the range of...
Persistent link: https://www.econbiz.de/10011109939
small or large errors. The absolute deviation estimation of parameters is more suitable in such cases. This paper has made … an attempt to estimation of parameters of Sato’s two-level CES production function by minimizing the sum of absolute …
Persistent link: https://www.econbiz.de/10005621933
This paper challenges the economic constraints associated with the so-called post-industrial trilemma. Following Iversen’s and Wren’s seminal 1998 paper, it has been widely accepted that differential industry-level productivity increases rule out a solidaristic structure of wages, due to the...
Persistent link: https://www.econbiz.de/10011259249