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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
economic theory …
Persistent link: https://www.econbiz.de/10012455758
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
which also incorporates two long-standing ideas in psychology: prospect theory, and evidence on how prior outcomes affect … risky choice. Consistent with prospect theory, the investor in our model derives utility not only from consumption levels …
Persistent link: https://www.econbiz.de/10012471569
This paper estimates a model of airline competition that captures the two major features of the industry: product differentiation and economies of density. The results not only provide support to some of the traditional common wisdom in the industry, but are also useful for understanding major...
Persistent link: https://www.econbiz.de/10012473287
Persistent link: https://www.econbiz.de/10012454984
We investigate the impact of computerization of white-collar jobs on wages and employment. Using online job postings from 2007 and 2010--2016 for office and administrative support (OAS) jobs, we show that when firms adopt new software at the job-title level they increase the skills required of...
Persistent link: https://www.econbiz.de/10013172165
computational, models. This paper seeks to help bridge the gap between computation and theory …
Persistent link: https://www.econbiz.de/10012480054
Evidence shows that the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) is underutilized. WIC enrolls only sixty percent of eligible persons. Participants claim only a fraction of available benefits. Researchers suggest that people underutilize WIC because of the...
Persistent link: https://www.econbiz.de/10012480783
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/10012472992