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Technological Change, Human Capital Structure, and Multiple Growth Paths
Kim, Yong Jin; Lee, Jong-Wha - 2009
This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital in the uncertain environments of technology. The uncertainty comes from two sources; the possibility of a technology advance and the characteristics of new...
Persistent link: https://www.econbiz.de/10010507250
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Environmental Policy, Education and Growth with Finite Lifetime : The Role of the Abtement Technology
Pautrel, Xavier - 2014
This note shows that the assumptions about the abatement technology modify the impact of the environmental taxation (both the size and the “direction”) on the long-run growth driven by human capital accumulation à la Lucas (1988), when the source of pollution is private consumption and...
Persistent link: https://www.econbiz.de/10014202489
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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
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Education and Growth with Learning by Doing
Marconi, Gabriele - 2015
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers … increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on … relationship between education and economic growth that has been found in the empirical macroeconomic literature. Conversely, for a …
Persistent link: https://www.econbiz.de/10013021942
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Adult learning, economic growth and the distribution of income
Stauvermann, Peter; Kumar, Ronald Ravinesh - In: Economies : open access journal 6 (2018) 1, pp. 1-12
idea of lifelong learning, but it remains unclear how to finance the education of adult students who are working … mechanism which reduces income inequality and provides an incentive for all adults to invest more in education. As a consequence …
Persistent link: https://www.econbiz.de/10011849808
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Innovation, decentralization, and planning in a multi-region model of Schumpeterian economic growth
Batabyal, Amitrajeet A.; Nijkamp, Peter - 2014
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with N heterogeneous regions. For each region i where i=1,...,N, our analysis leads to five findings. First, we define the balanced growth path (BGP) allocations and the equilibrium...
Persistent link: https://www.econbiz.de/10011491971
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Technological Change, Human Capital Structure, and Multiple Growth Paths
Lee, Jong-Wha - 2010
This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital in the uncertain environments of technology. The uncertainty comes from two sources; the possibility of a technology advance and the characteristics of new...
Persistent link: https://www.econbiz.de/10013143782
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Technological change, human capital structure, and multiple growth paths
Kim, Yong-jin; Lee, Jong-Wha - In: The Japanese economic review : the journal of the … 62 (2011) 3, pp. 305-330
Persistent link: https://www.econbiz.de/10009506868
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The adoption of ChatGPT
Humlum, Anders; Vestergaard, Emilie - 2024
We study the adoption of ChatGPT, the icon of Generative AI, using a large-scale survey experiment linked to comprehensive register data in Denmark. Surveying 100,000 workers from 11 exposed occupations, we document ChatGPT is pervasive: half of workers have used it, with younger, less...
Persistent link: https://www.econbiz.de/10014529975
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The supply of hours worked and fluctuations between growth regimes
Iong, Ka-Kit; Irmen, Andreas - 2021
Declining hours of work per worker in conjunction with a growing work force may give rise to fluctuations between growth regimes. This is shown in an overlapping generations model with two-period lived individuals endowed with Boppart-Krusell preferences (Boppart and Krusell (2020)). On the...
Persistent link: https://www.econbiz.de/10012499514