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The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012599109
The convergence features of an Endogenous Growth model with Physical capital, Human Capital and R&D have been studied. We add an erosion effect (supported by empirical evidence) to this model, and fully characterize its convergence properties. The dynamics is described by a fourth-order system...
Persistent link: https://www.econbiz.de/10013292967
In the presence of markup differences, externalities and other social considerations, the equilibrium direction of innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing comparative static results and characterizes...
Persistent link: https://www.econbiz.de/10014226119
This paper documents novel facts on within-occupation task and skill changes over the past two decades in Germany. In a second step, it reveals a distinct relationship between occupational work content and exposure to artificial intelligence (AI) and automation (robots). Workers in occupations...
Persistent link: https://www.econbiz.de/10014445769
This paper analyzes whether technological change improves equality of labor market opportunities by decreasing returns to parental background. We find that in Germany during the 1990s, computerization improved the access to technologyadopting occupations for workers with low-educated parents,...
Persistent link: https://www.econbiz.de/10013202834
two distinct thresholds giving rise to three country groupings. As suggested by the theory of technology clubs we find the …
Persistent link: https://www.econbiz.de/10011374310
This doctoral thesis analyses the impact of education and other determinants on labour market outcomes using … terms of credibility, relevance, and expectedness by gender and education level. Females are particularly rewarded for IT … and language skills and males for maturity. Chapter 3 analyses the impact of beliefs about refugees' education levels on …
Persistent link: https://www.econbiz.de/10011971651
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