Demographische Alterung und technischer Fortschritt sind maßgebliche Ursachen für steigende Ausgaben im Gesundheitswesen. Reaktionen hierauf sind zusehends Beitragssatzsteigerungen und Kostendämpfungsmaßnahmen, weshalb der Markt für Gesundheitsgüter seine Wachstumspotenziale nicht voll...

In a growth accounting context one usually constructs a quality adjusted index of labor services by aggregating over predefined groups of workers, using the groups' relative wage bills as weights. In this article we suggest a method based on decomposing individual predicted wages into a...

This paper quantifies the contribution of human capital accumulation to the growth of real gross domestic product (GDP) in Canada. GDP growth is decomposed into contributions from physical capital, hours worked, human capital supplied per hour and total factor productivity. Using a "flat spot"...

In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely aect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...