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causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10012765309
The unemployment rise in EU countries has been particularly strong for low-skilled workers. This observation has often … types of workers and with search unemployment. The model is calibrated and simulated to examine the interactions between the … observed unemployment changes …
Persistent link: https://www.econbiz.de/10013319926
causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10014212017
I investigate the role of labor market flows in the decline of routine employment in Switzerland between 1992 and 2018 using rich individual-level panel data from the Swiss Labour Force Survey. Existing research on the labor market effects of digital transformation has identified jobs with a...
Persistent link: https://www.econbiz.de/10013542122
in Chile is mostly due to a decrease in the in ow transition rate from unemployment as well as an increase in the out ow … transition rates to unemployment and informality. …
Persistent link: https://www.econbiz.de/10014280975
extractive economic and political institutions even after the weighted voting system was abolished and universal suffrage … using both extractive economic and political institutions (Acemoglu and Robinson (2008)). …
Persistent link: https://www.econbiz.de/10011917048
Based on the methodology proposed by Frey and Osborne (2017), we use their estimates for the probability of automation of occupations together with household survey data on the occupational distribution of employment to provide a risk assessment for the threat that automation may pose to the...
Persistent link: https://www.econbiz.de/10012616397
This paper investigates the connection between the Swedish wage profile of net job creation and Autor, Levy, and Murnane's (2003) proposed substitutability between routine tasks and technology. We first show that between 1975 and 2005, Sweden exhibited a pattern of job polarization with...
Persistent link: https://www.econbiz.de/10009307513
Based on the methodology proposed by Frey and Osborne (2017), we use their estimates for the probability of automation of occupations together with household survey data on the occupational distribution of employment to provide a risk assessment for the threat that automation may pose to the...
Persistent link: https://www.econbiz.de/10012224000
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675