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Did Computer Technology Diffuse Quickly? : Best and Average Practice in Mainframe Computers, 1968-1983
Greenstein, Shane M. - 1994
An economy benefits from advances in technical frontiers only when new technology comes into general use. This paper measures the diffusion of computing equipment at a time when computing technology underwent dramatic technical improvement. These data shed light on the long lag between advances...
Persistent link: https://www.econbiz.de/10012474289
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Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing
Acemoglu, Daron - 2014
An increasingly influential "technological-discontinuity" paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some...
Persistent link: https://www.econbiz.de/10012458826
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Investing in Bank Lending Technology : IT Spending in Banking
He, Zhiguo; Jiang, Sheila; Xu, Douglas; Yin, Xiao - National Bureau of Economic Research - 2022
This paper studies the economics behind the investment in information technologies (IT) by U.S. commercial banks in the past decade. By linking banks' IT spending to their lending technologies, we analyze the distinctive natures of banks' dealings with information across various lending...
Persistent link: https://www.econbiz.de/10013362057
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Automated Economic Reasoning with Quantifier Elimination
Mulligan, Casey B. - 2016
economic theory …
Persistent link: https://www.econbiz.de/10012455758
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Accounting for Changes in Between-Group Inequality
Burstein, Ariel - 2015
We perform a quantitative analysis of observed changes in U.S. between-group inequality between 1984 and 2003. We use an assignment framework with many labor groups, equipment types, and occupations in which changes in inequality are caused by changes in workforce composition, occupation demand,...
Persistent link: https://www.econbiz.de/10012457811
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Information Technology, Workplace Organization and the Demand for Skilled Labor : Firm-Level Evidence
Bresnahan, Timothy F. - 1999
Recently, the relative demand for skilled labor has increased dramatically. We investigate one of the causes, skill-biased technical change. Advances in information technology (IT) are among the most powerful forces bearing on the economy. Employers who use IT often make complementary...
Persistent link: https://www.econbiz.de/10012471658
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An Economic Model of Consensus on Distributed Ledgers
Hałaburda, Hanna; He, Zhiguo; Li, Jiasun - National Bureau of Economic Research - 2021
In recent years, the designs of many new blockchain applications have been inspired by the Byzantine fault tolerance (BFT) problem. While traditional BFT protocols assume that most system nodes are honest (in that they follow the protocol), we recognize that blockchains are deployed in...
Persistent link: https://www.econbiz.de/10012696424
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Securing Their Future? Entry And Survival In The Information Security Industry
Arora, Ashish - 2007
In this paper we study how the existence of a functioning market for technology differentially conditions the entry strategy and survival of different types of entrants, and the role of scale, marketing ability and technical assets. Markets for technology facilitate entry of firms that lack...
Persistent link: https://www.econbiz.de/10012465005
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Organizing Offshoring : Middle Managers and Communication Costs
Antràs, Pol - 2006
particularly attractive locations to offshore? In this paper we address these questions with a theory of international production … hierarchies in which organizations arise endogenously to make efficient use of agents' knowledge. Our theory highlights the role … of host-country management skills (middle management) in bringing about the emergence of international offshoring. By …
Persistent link: https://www.econbiz.de/10012466472
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Organization and Inequality in a Knowledge Economy
Garicano, Luis - 2005
We present a theory of the organization of work in an economy where knowledge is an essential input in production: a … may produce on their own or in organizations. Our theory generates an assignment of workers to positions, a wage structure … referral markets. We use our theory to study the impact of information and communication technology, and contrast its …
Persistent link: https://www.econbiz.de/10012467222