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Skills, Tasks and Technologies: Implications for Employment and Earnings
Acemoglu, Daron; Autor, David - National Bureau of Economic Research (NBER) - 2010
A central organizing framework of the voluminous recent literature studying changes in the returns to skills and the evolution of earnings inequality is what we refer to as the canonical model, which elegantly and powerfully operationalizes the supply and demand for skills by assuming two...
Persistent link: https://www.econbiz.de/10008614632
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Employment, Innovation, and Productivity: Evidence from Italian Microdata
Hall, Bronwyn H; MAIRESSE, Jacques; Lotti, Francesca - National Bureau of Economic Research (NBER) - 2007
presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … stemming from process innovation. The sources of employment growth during the period are split equally between the net … contribution of product innovation and the net contribution from sales growth of old products. However, the contribution of product …
Persistent link: https://www.econbiz.de/10005085135
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Making Do With Less: Working Harder During Recessions
Lazear, Edward; Shaw, Kathryn L.; Stanton, Christopher - National Bureau of Economic Research (NBER) - 2013
There are two obvious possibilities that can account for the rise in productivity during recent recessions. The first is that the decline in the workforce was not random, and that the average worker was of higher quality during the recession than in the preceding period. The second is that each...
Persistent link: https://www.econbiz.de/10010969215
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The Role of Labor Market Changes in the Slowdown of European Productivity Growth
Gordon, Robert J.; Dew-Becker, Ian - National Bureau of Economic Research (NBER) - 2008
Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth slowdown was largely offset by faster growth in...
Persistent link: https://www.econbiz.de/10005777505
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The Skill Content of Recent Technological Change: An Empirical Exploration
Autor, David; Levy, Frank; Murnane, Richard J. - National Bureau of Economic Research (NBER) - 2001
We apply an understanding of what computers do -- the execution of procedural or rules-based logic -- to study how computer technology alters job skill demands. We contend that computer capital (1) substitutes for a limited and well-defined set of human activities, those involving routine...
Persistent link: https://www.econbiz.de/10005084472
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What Do We Learn From Schumpeterian Growth Theory?
Howitt, Peter; Aghion, Philippe; Akcigit, Ufuk - National Bureau of Economic Research (NBER) - 2013
Schumpeterian growth theory has "operationalized" Schumpeter''s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process which could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10010951386
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Unemployment and Innovation
Stiglitz, Joseph E. - National Bureau of Economic Research (NBER) - 2014
This paper analyzes equilibrium, dynamics, and optimal decisions on the factor bias of innovation in a model of induced … innovation. In a model with full employment, we show that (a) if the elasticity of substitution is always less than or greater …, there will be a bias towards excessive labor augmenting innovation, resulting in too high unemployment, with convergence to …
Persistent link: https://www.econbiz.de/10010960443
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Catch-up and Fall-back through Innovation and Imitation
Benhabib, Jess; Perla, Jesse; Tonetti, Christopher - National Bureau of Economic Research (NBER) - 2012
frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …
Persistent link: https://www.econbiz.de/10011271400
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Localized and Biased Technologies: Atkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change
Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2014
. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological …
Persistent link: https://www.econbiz.de/10011262792
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When Does Labor Scarcity Encourage Innovation?
Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2009
environmental regulations can spur more rapid innovation. I present a general framework for the analysis of these questions. I …
Persistent link: https://www.econbiz.de/10005778012