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Political power, resistance to technological change and economic development : evidence from the 19th century Sweden
Tyrefors, Björn; Lindgren, Erik; Pettersson-Lidbom, Per - 2017 - This version: June 16, 2017
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
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Skills, Technology and Growth : Is ICT the Key to Success?
Melka, Johanna - 2012
This paper aims at assessing the contribution of ICT to growth in France at the macro-level. On the labour side, we … lags behind the U.S. in terms of ICT contribution to growth is that although ICT investment growth is as much sustained in … France as in the U.S., the proportion of U.S. ICT investment in total investments is more than twice as high as the French …
Persistent link: https://www.econbiz.de/10013111631
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Chronicle of a deceleration foretold : income inequality in Latin America in the 2010s
Gasparini, Leonardo; Cruces, Guillermo; Tornarolli, Leopoldo - 2015
After a decade of strong progress toward the goal of reducing the high levels of income disparities, there are clear signs of a deceleration in the pace of inequality reduction in Latin America. This paper argues that the deceleration is the result of two set of reasons. First, several of the...
Persistent link: https://www.econbiz.de/10011459691
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Income distribution in Latin America : the evolution in the last 20 years : a global approach
Tornarolli, Leopoldo; Ciaschi, Matías; Galeano, Luciana - 2018
While Latin America has historically been considered a region of very high inequality, the performance of most Latin American countries in terms of reduction of income inequality has been remarkable good in the first decade of this century. Given that those improvements took place in a context...
Persistent link: https://www.econbiz.de/10011929393
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Inequality and Growth : The Dual Role of Human Capital in Development
Eicher, Theo S.; Garcia-Peñalosa, C. - 2021
both relate to learning-by-doing and R&D intensity.1 In addition, we endogenize the determinants of the skill-bias of labor … that are consistent with the cross-country data on inequality and skill-premia …
Persistent link: https://www.econbiz.de/10013321167
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Katsaus yritysten kasvuun ja sitä koskeviin politiikkatoimiin
Ali-Yrkkö, Jyrki; Kotiranta, Annu; Ylhäinen, Ilkka - 2017
This report is a synthesis of the previous literature analyzing the role of different types of companies on economic growth and employment, and an overlook on the impacts of different policy measures on companies. The role of large companies in the economy is still significant, although...
Persistent link: https://www.econbiz.de/10012037699
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Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council
Behar, Alberto - 2015
We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment response is lower for nationals, who have an...
Persistent link: https://www.econbiz.de/10013015593
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Italy's 'Employment-Rich' Recovery : A Closer Look
Bovini, Giulia - 2019
We look at changes in employment in Italy after the double-dip recession. We show that since the end of 2014 the responsiveness to GDP of total employment and its payroll components (permanent and fixed-term) has risen significantly; the increase has been broad-based across sectors and it would...
Persistent link: https://www.econbiz.de/10012865602
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The dragon down under : The regional labour market impact of growth in Chinese imports to Australia
Coelli, Michael Bernard; Maccarrone, James; Borland, Jeff - 2021
Imports of manufactured goods from China to Australia grew more than eleven-fold in real US dollar terms between 1991 and 2006. This study uses differences in industry structure between regions to identify the impact of that growth on labour market outcomes in Australia. Overall, the growth in...
Persistent link: https://www.econbiz.de/10013219433
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Does the Rise of China Lead to the Fall of European Welfare States?
Barth, Erling; Finseraas, Henning; Kjelsrud, Anders; … - 2021
Have recent trends in globalization changed the positive link between trade openness and social insurance? The consensus view - that voters want better social insurance against income loss the more open the economy - is seemingly contested by the rise of populism and the China shock. We present...
Persistent link: https://www.econbiz.de/10013249126