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Weil, David N. - 2015

In Capital in the 21st Century, Thomas Piketty uses the market value of tradeable assets to measure both productive capital and wealth. As a measure of wealth this is problematic because it ignores the value of human capital and transfer wealth, which have grown enormously over the last 300...

Persistent link: https://www.econbiz.de/10012457747

The Rise and Decline of General Laws of Capitalism

Acemoglu, Daron; Robinson, James A. - 2014

, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We …

Persistent link: https://www.econbiz.de/10012457900

Observations on International Labor Standards and Trade

Krueger, Alan B. - 1996

theory alone it is difficult to generalize about the effect of labor standards on efficiency and equity. Some economists have …

Persistent link: https://www.econbiz.de/10012473213

Why are the Critics so Convinced that Globalization is Bad for the Poor?

Aisbett, Emma - 2005

Proponents of globalization often conclude that its critics are ignorant or self-motivated. In doing so, they have missed a valuable opportunity to discover both how best to communicate the benefits of globalization, and how to improve on the current model of globalization. This paper examines...

Persistent link: https://www.econbiz.de/10012467621

Open Access as a Crude Solution to a Hold-up Problem in the Two-Sided Market for Academic Journals

McCabe, Mark J. - 2016

The move from traditional to open-access journals--which charge no subscription fees, only submission fees--is gaining support in academia. We analyze a two-sided-market model in which journals cannot commit to subscription fees when authors (who prefer low subscription fees because this boosts...

Persistent link: https://www.econbiz.de/10012456455

Capitalism and Democracy in 2040 : Forecasts and Speculations

Fogel, Robert W. - 2007

While the economies of the fifteen countries that were in the European Union (EU15) in 2000 will continue to grow from now until 2040, they will not be able to match the surges in growth that will occur in South and East Asia. In 2040, the Chinese economy will reach $123 trillion, or nearly...

Persistent link: https://www.econbiz.de/10012465470

The Cambridge History of "Capitalism"

Temin, Peter - 2014

This review essay of the two-volume Cambridge History of Capitalism (2014), edited by Larry Neal and Jeffrey G … economists to add depth to their understanding of the world economy today. Robert C. Allen analyzes the world distribution of … criticize the definition of capitalism used in these volumes as too expansive to be useful. I argue that this definition mars …

Persistent link: https://www.econbiz.de/10012458007

Measuring and Predicting "New Work" in the United States : The Role of Local Factors and Global Shocks

Kim, Gueyon; Merritt, Cassandra; Peri, Giovanni - National Bureau of Economic Research - 2024

The evolution of work is of emerging importance to advanced economies' growth. In this study, we develop a new semantic-distance-based algorithm to identify "new work," namely the new types of jobs introduced in the US. We characterize how "new work" relates to task content of jobs and skill...

Persistent link: https://www.econbiz.de/10014544803

New Frontiers : The Origins and Content of New Work, 1940–2018

Autor, David H.; Chin, Caroline; Salomons, Anna M.; … - National Bureau of Economic Research - 2022

We address three core questions about the hypothesized role of newly emerging job categories ('new work') in counterbalancing the erosive effect of task-displacing automation on labor demand: what is the substantive content of new work; where does it come from; and what effect does it have on...

Persistent link: https://www.econbiz.de/10013362043

New frontiers: the origins and content of new work, 1940-2018

Autor, David H.; Chin, Caroline; Salomons, Anna M.; … - 2022

Persistent link: https://www.econbiz.de/10013465427

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