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Much of the current discussion promoting apprenticeship programs in the U.S. proceeds as if it is simply a matter of historical accident or lack of imagination which has hindered human capital investment by U.S. firms. However, the cause may be rooted more deeply in our labor market...
Persistent link: https://www.econbiz.de/10012474383
industries experiencing rapid technological change. What changed? Demand was highly elastic at first and then became inelastic …. The effect of artificial intelligence on jobs will similarly depend critically on the nature of demand. This paper … presents a simple model of demand that accurately predicts the rise and fall of employment in the textile, steel and automotive …
Persistent link: https://www.econbiz.de/10012453478
contrast, this paper studies the effects of immigrants on local labor demand, due to the increase in consumer demand for local …
Persistent link: https://www.econbiz.de/10012457543
who can diagnose autism, these workers cannot induce their own demand. If the incidence of autism is increasing … independently of other mental disorders, then the demand for auxiliary health providers should increase, leading to higher wages and …
Persistent link: https://www.econbiz.de/10012460422
Both under- and over-treatment of communicable diseases are public bads. But efforts to decrease one run the risk of increasing the other. Using rich experimental data on household treatment-seeking behavior in Kenya, we study the implications of this tradeoff for subsidizing life-saving...
Persistent link: https://www.econbiz.de/10012460716
In this paper, we survey non-competitive theories of training. With competitive labor markets, firms never pay for investments in general training, whereas when labor markets are imperfect, firm-sponsored training arises as an equilibrium phenomenon. We discuss a variety of evidence which...
Persistent link: https://www.econbiz.de/10012472074
explanations of firm sponsored training. Using microdata from Germany, we show that the predictions of the specific human capital …
Persistent link: https://www.econbiz.de/10012473240
The effect of website provision on the demand for German women's magazines is analyzed using differentiated product … demand models estimated on panel data that cover the period 1990 2000. Descriptive evidence on the magazines' website … alternative econometric approaches to identify the demand model. A counter-factual analysis shows, however, that online magazines …
Persistent link: https://www.econbiz.de/10012469909
We empirically investigate the costs and benefits of going from low inflation to price stability in the case of Germany …, demand for owner-occupied housing, money demand, and government debt service. We estimate the direct welfare effects of …
Persistent link: https://www.econbiz.de/10012472644
This paper estimates a dynamic structural model of discrete R&D investment and quantifies its cost and long-run benefit for German manufacturing firms. The dynamic model incorporates linkages between the firm's R&D choice, product and process innovations, and future productivity and profits. The...
Persistent link: https://www.econbiz.de/10012459287