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We document substantial within-country (cross-municipality) differences in incomes for a large number of countries in the Americas. A significant fraction of the within-country differences cannot be explained by observed human capital. We conjecture that the sources of within-country and...
Persistent link: https://www.econbiz.de/10014206515
in these tasks are designed to be used by skilled workers, productivity in the LDCs will be low. Even when all countries … factor productivity and output per worker. Our theory also suggests that productivity differences should be highest in medium … effect on the direction of technical change and on productivity differences …
Persistent link: https://www.econbiz.de/10014207563
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This paper argues that unemployment insurance increases labor productivity by encouraging workers to seek higher … productivity jobs, and by encouraging firms to create those jobs. We use a quantitative general equilibrium model to investigate …
Persistent link: https://www.econbiz.de/10012471432
these tasks are designed to be used by skilled workers, productivity in the LDCs will be low. Even when all countries have … factor productivity and output per worker. Our theory also suggests that productivity differences should be highest in medium … effect on the direction of technical change and on productivity differences …
Persistent link: https://www.econbiz.de/10012471932
also affects the real wage of other workers. Counteracting these forces, automation creates a positive productivity effect …, pushing up the price of all factors. Because capital adjusts to keep the interest rate constant, the productivity effect …
Persistent link: https://www.econbiz.de/10012453594
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We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10012974477
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10013035706