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Skills, Tasks and Technologies: Implications for Employment and Earnings
Acemoglu, Daron; Autor, David - National Bureau of Economic Research (NBER) - 2010
A central organizing framework of the voluminous recent literature studying changes in the returns to skills and the evolution of earnings inequality is what we refer to as the canonical model, which elegantly and powerfully operationalizes the supply and demand for skills by assuming two...
Persistent link: https://www.econbiz.de/10008614632
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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - National Bureau of Economic Research (NBER) - 2009
This paper introduces endogenous and directed technical change in a growth model with environmental constraints and limited resources. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation....
Persistent link: https://www.econbiz.de/10008614634
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Competing engines of growth: innovation and standardization
Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Institut für Volkswirtschaftslehre, … - 2010
We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are adapted to be produced using unskilled labor. Our...
Persistent link: https://www.econbiz.de/10008621792
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Competing Engines of Growth: Innovation and Standardization
Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - National Bureau of Economic Research (NBER) - 2010
We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are adapted to be produced using unskilled labor. Our...
Persistent link: https://www.econbiz.de/10008628444
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Diversity and Technological Progress
Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2011
innovations that will replace current innovations imply that social benefits from innovation are not fully internalized. As a …; current innovations in research lines that will be profitable in the future are discouraged because current innovations are … typically followed by further innovations before they can be profitably marketed. A social planner would choose a more diverse …
Persistent link: https://www.econbiz.de/10009004109
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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed...
Persistent link: https://www.econbiz.de/10009365645
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Innovation by Entrants and Incumbents
Acemoglu, Daron; Cao, Dan Vu - National Bureau of Economic Research (NBER) - 2010
We extend the basic Schumpeterian endogenous growth model by allowing incumbents to undertake innovations to improve … their products, while entrants engage in more "radical" innovations to replace incumbents. Our model provides a tractable …
Persistent link: https://www.econbiz.de/10008674224
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Offshoring and Directed Technical Change
Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - National Bureau of Economic Research (NBER) - 2012
To study the short-run and long-run implications on wage inequality, we introduce directed technical change into a Ricardian model of offshoring. A unique final good is produced by combining a skilled and an unskilled product, each produced from a continuum of intermediates (tasks). Some of...
Persistent link: https://www.econbiz.de/10010796627
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Innovation, reallocation and growth
Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Suomen Pankki - 2013
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using detailed US...
Persistent link: https://www.econbiz.de/10010698829
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Innovation, Reallocation and Growth
Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Centre for Economic Performance, LSE - 2013
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using detailed US...
Persistent link: https://www.econbiz.de/10010655943