We analyze the supply and demand of skilled labor in an East German federal state, Thuringia. This state has been facing high unemployment in the course of economic transformation and experiences population aging and shrinking more rapidly than most West European regions. In a first step, we use...

Infolge der anstehenden Veränderungen durch die vierte industrielle Revolution herrscht eine angeregte Diskussion über mögliche Strukturveränderungen in Wirtschafts- und Arbeitswelt. Neben den Chancen, die die Industrie 4.0 mit sich bringt, stehen vor allem potenzielle negative...

Investigating the robustness of the skill-biased technical change hypothesis, this analysis incorporates two novel features. First, effective labor is modeled as the product of a quantity measure - number of employees with a given level of education - and a quality index, depending on, i.a.,...

The financial and economic crisis of 2008 and 2009 has taken its toll on the South African economy. The economy contracted for the first time since 1998, and entered recession during the fourth quarter of 2008. The GDP contraction was soon transmitted to the labor market. Between the second...

Eine Reihe von Ländern in Asien, Afrika und Lateinamerika steigen zu wichtigen Akteuren auf und verschieben die Koordinaten in der Weltpolitik und -wirtschaft. Die politischen und wirtschaftlichen Verschiebungen zugunsten dieser Regionalen Führungsmächte gehen mit einem relativen...

The long-run evolution of per-capita income exhibits a structural break often associated with the Industrial Revolution. We follow Mokyr (2002) and embed the idea that this structural break reflects a regime switch in the evolution of technological knowledge into a dynamic framework, using Airy...

This paper aims to establish how the innovative activity in Finland has changed over time in the transition from a resource-driven economy to a knowledge-driven economy. The paper first takes a historical perspective on innovation and industrial activity in Finland through a descriptive...