Similar Search Results

Occupational choice and the dynamics of human capital, inequality and growth

Dvorkin, Maximiliano A.; Monge-Naranjo, Alexander - 2019

We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general...

Persistent link: https://www.econbiz.de/10011998090

Dilution effects, population growth and economic growth under human capital accumulation and endogenous technological change

Bucci, Alberto; Eraydın, Levent; Müller, Moritz - 2018

This paper answers the following two questions: 1) In the data, can we find a dilution effect of population growth also on per-capita human capital investment? If yes, 2) how can we use this fact to explain theoretically the existence of a differential impact of population change on economic...

Persistent link: https://www.econbiz.de/10011789620

Ideology, Human Capital, and Growth

Iyigun, Murat; Mocan, Naci H.; Owen, Ann L. - 2001

education and knowledge and ideology play complementary roles in determining individuals' efficiency units of labor input. A … are likely to invest more in education and as a result experience faster technological progress and growth. Somewhat … high even in the long run. When there exists a feedback loop between education and ideology, a flawed ideology may be …

Persistent link: https://www.econbiz.de/10014134820

Computer Technology, Human Labor, and Long-Run Economic Growth

Elliott, Stuart W. - 1998

Over the coming century, computer technology is likely to become capable of reproducing a large portion of the tasks performed by human labor. This paper develops a model of the aggregate economic growth that results when work tasks are transferred from humans to physical capital. The model...

Persistent link: https://www.econbiz.de/10014062624

Modelling artificial intelligence in economics

Gries, Thomas; Naudé, Wim - 2021

Economists' two main theoretical approaches to understanding Artificial Intelligence (AI) impacts have been the task-approach to labor markets and endogenous growth theory. Therefore, the recent integration of the task-approach into an endogenous growth model by Acemoglu and Restrepo (AR) is a...

Persistent link: https://www.econbiz.de/10012485853

Determinants of growth and convergence in a growing economy with heterogeneous entrepreneurs

Dohse, Dirk (contributor); Ott, Ingrid (contributor) - 2008

We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two...

Persistent link: https://www.econbiz.de/10003782309

Endogenous sigma-augmenting technological change : an R&D-based approach

Kemnitz, Alexander; Knoblach, Michael - 2020

There is now increasing evidence that for the U.S. economy, the elasticity of substitution between capital and labor, "sigma", is rising over time. To account for this, we propose a microfounded model, where the evolution of "sigma", and, hence, the shape of the aggregate production function...

Persistent link: https://www.econbiz.de/10012264961

The race between machine and man : implications of technology for growth, factor shares and employment

Acemoglu, Daron; Restrepo, Pascual - 2016

We examine the concerns that new technologies will render labor redundant in a framework in which tasks previously performed by labor can be automated and new versions of existing tasks, in which labor has a comparative advantage, can be created. In a static version where capital is fixed and...

Persistent link: https://www.econbiz.de/10011573063

Skill-biased technological change, endogenous labor supply, and the skill premium

Knoblach, Michael - 2019

The evolution of the U.S. skill premium over the past century has been characterized by a U-shaped pattern. The previous literature has attributed this observation mainly to the existence of exogenous, unexpected technological shocks or changes in institutional factors. In contrast, this paper...

Persistent link: https://www.econbiz.de/10012026530

Towards a new growth model in CESEE : convergence and competitiveness through smart, green and inclusive investment

Gereben, Áron; Wruuck, Patricia - 2021

This paper focuses on the growth and convergence of Central, Eastern and South-Eastern European EU countries (CESEE). We argue that the factors behind the pre-crisis growth model of the region - skilled yet affordable labour force, foreign direct investment, imports of productivity-enhancing...

Persistent link: https://www.econbiz.de/10012433894

1
2
3
4
5
6
7
8
9
10
Next
Last