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Technological change, human capital structure, and multiple growth paths
Kim, Yong Jim; 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/10003817262
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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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Occupational choice and the dynamics of human capital, inequality and growth
Dvorkin, Maximiliano A.; Monge-Naranjo, Alexander - 2019
We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general...
Persistent link: https://www.econbiz.de/10011998090
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Firm-level human capital and innovation : evidence from China
Sun, Xiuli; Li, Haizheng; Ghosal, Vivek - 2017
include skilled human capital (number of highly educated workers), general manager’s education and tenure, and management team …'s education and age. We find that skilled human capital has a significant positive effect on firms' innovation, while the … role in firm innovation in metropolitan cities, while it is the General Manager's education that has a positive and …
Persistent link: https://www.econbiz.de/10011615502
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Firm-level Human Capital and Innovation: Evidence from China
Sun, Xiuli; Li, Haizheng; Ghosal, Vivek - 2017
include skilled human capital (number of highly educated workers), general manager’s education and tenure, and management team …’s education and age. We find that skilled human capital has a significant positive effect on firms’ innovation, while the … role in firm innovation in metropolitan cities, while it is the General Manager’s education that has a positive and …
Persistent link: https://www.econbiz.de/10011615925
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A Matching Model of Endogenous Growth and Underground Firms
Lisi, Gaetano; Pugno, Maurizio - Volkswirtschaftliche Fakultät, … - 2015
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...
Persistent link: https://www.econbiz.de/10011212957
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On the Role of Education and Training as Drivers of Growth
Zon, Adriaan van; Antonietti, Robert - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2004
Yetkiner (2003). Using a relatively broad concept of human capital that includes not only formal education but also on … be able to adopt and adapt to new technologies. The second one is the impact of both formal education and on … education enhances R&D activities and lowers adjustment costs to new technologies, thus facilitating their adoption, while on …
Persistent link: https://www.econbiz.de/10005481972
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Human capital and retirement
Alders, Peter - 1999
This paper investigates the relation between human capital andretirement when the age of retirement is endogenous. This relation isexamined in a life-cycle earnings model. An employee works full timeuntil retirement. The worker accumulates human capital by training-on-the-job and by...
Persistent link: https://www.econbiz.de/10011302147
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Technological change, skill demand, and wage inequality in Indonesia
Lee, Jong-Wha; Wie, Dainn - 2013
This paper examines the empirical implications of technological changes for skill demand and wage inequality in Indonesia. According to the National Labor Force Survey of Indonesia, the share of educated workers and wage skill premium increased significantly over 2003-2009 for overall industry...
Persistent link: https://www.econbiz.de/10009734161
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Wages, skills, and skill-biased technical change : the canonical model revisited
Bowlus, Audra J.; Lochner, Lance; Robinson, Chris; … - 2021
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