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available technology. Our theory suggests that European education policies that favored specialized, vocational education might …In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain … either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to …
Persistent link: https://www.econbiz.de/10013212567
This guide provides a practical introduction to parallel computing in economics. After a brief introduction to the basic ideas of parallelization, we show how to parallelize a prototypical application in economics using, on CPUs, Julia, Matlab, R, Python, C++-OpenMP, Rcpp–OpenMP, and C++-MPI,...
Persistent link: https://www.econbiz.de/10012920352
random provision of computers. The experiment does not provide evidence that computer skills have short- or medium …This paper provides the first evidence on the earnings, employment and college enrollment effects of computers and … acquired skills from a randomized controlled trial providing computers to entering college students. We matched confidential …
Persistent link: https://www.econbiz.de/10012928315
Recent technological changes have been characterized as “routine-substituting,” reducing demand for routine tasks but increasing it for analytical and service tasks. Little is known about how these changes have impacted immigration, or task specialization between immigrants and natives. In...
Persistent link: https://www.econbiz.de/10012945606
different education levels and on the recent growth of U.S. educational wage differentials. A simple supply-demand framework is … used to interpret changes in the relative quantities, wages, and wage bill shares of workers by education in the aggregate … computer technology may `explain' as much as 30-50% of the increase in the rate of growth of the relative demand for more …
Persistent link: https://www.econbiz.de/10012778847
be correlated with both job-related computer use and earnings. The estimates suggest that workers who use computers on … education, Finally, occupations that experienced greater growth in computer use between 1984 and 1989 also experienced above …
Persistent link: https://www.econbiz.de/10014106231
This paper shows how to build algorithms that use graphics processing units (GPUs) installed in most modern computers …
Persistent link: https://www.econbiz.de/10013144748
We propose a text-based method for measuring and analyzing the international propagation of uncertainty shocks at the firm level. We apply this method to estimate the impact of Brexit-related uncertainty and find widespread reverberations on listed firms in 81 countries. International firms most...
Persistent link: https://www.econbiz.de/10013324715
In this paper, we make a first attempt to explore the relationship between computer use and productivity in French manufacturing and services industries. We match information on computer utilization in the work place collected at the employee level in the years 1987, 1991 and 1993, with...
Persistent link: https://www.econbiz.de/10013311634
This paper examines the output contributions of capital and labor deployed in information systems (IS) at the firm level during the period 1988-91 throughout the business sector, using two different sources of data on these inputs. Our production function estimates suggest that there are...
Persistent link: https://www.econbiz.de/10013225934