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innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …
Persistent link: https://www.econbiz.de/10014226119
Does capital accumulation increase labor demand and wages? Neoclassical production functions, where capital and labor are q-complements, ensure that the answer is yes, so long as labor markets are competitive. This result critically depends on the assumption that capital accumulation does not...
Persistent link: https://www.econbiz.de/10014512044
region in the World. Expected future levels of education, very young and youth population, youth employment and unemployment …
Persistent link: https://www.econbiz.de/10014337769
More than ten percent of Americans with recent work experience say they will continue social distancing after the COVID-19 pandemic ends, and another 45 percent will do so in limited ways. We uncover this Long Social Distancing phenomenon in our monthly Survey of Working Arrangements and...
Persistent link: https://www.econbiz.de/10013435130
Employment and participation rates for US prime age women rose steadily during the second half of the 20th century. In … the last 30 years, however, those rates stagnated, even as employment and participation rates for women in other … barriers, such as limited investment in family policies, that may be holding back employment among American women today. The …
Persistent link: https://www.econbiz.de/10014437047
employment-to-population ratio among prime-age US women declines by 1.1 percentage points, whereas male employment rises; women …--and corresponding lapses in implicit childcare--provide a unifying explanation for these patterns. The summer drop in female employment … allocation and gender differences within job types in the propensity to exit employment over the summer. Women's summer work …
Persistent link: https://www.econbiz.de/10014337799
This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long-run growth process. First, we review the implications of neoclassical growth theory and the more recent theories of 'endogenous growth'. Then we discuss the empirical evidence that...
Persistent link: https://www.econbiz.de/10012474415
. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological …
Persistent link: https://www.econbiz.de/10012458604
Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …
Persistent link: https://www.econbiz.de/10013435165
If further decarbonization of electricity systems is to continue, a next generation of innovation in transformative … determinants of innovation in this sector to glean insights on how government may support the development and deployment of these … technologies. We argue that policies that were successful at supporting the first wave of renewables innovation may not be …
Persistent link: https://www.econbiz.de/10013537766