Showing 1 - 10 of 18
When new technologies are introduced in the production process or when technological change is incorporated in an economic model, it is agreed upon that this reduces the demand for low-skilled labour relative to the demand for high-skilled labour. In general the rationale for this argument is...
Persistent link: https://www.econbiz.de/10005304456
not available
Persistent link: https://www.econbiz.de/10005304459
The presence of structural breaks can seriously affect the outcome of standard regression methods like OLS. Although there are many methods available to deal with them, we focus here on a particular linear filtering method, namely the Kalman Filter. Its results vis a vis a regular OLS approach...
Persistent link: https://www.econbiz.de/10005304478
The digitization of the world as a result of the introduction of computers, chips, and ICT, hasundoubtedly been the most important technological development of the past few decades. Thefact that more and more workers use computers has led to the conclusion that computer skillsare becoming a key...
Persistent link: https://www.econbiz.de/10005304511
Despite indications that interpersonal interactions are important for understanding individual labor-market outcomes and have become more important over the last decades, there is little analysis by economists. This paper shows that interpersonal interactions are important determinants of...
Persistent link: https://www.econbiz.de/10005304543
The structure of wages and employment has shifted against the low-skilled in many OECD countries over the last decade. Many authors have attributed this shift to the impact of new technologies, and or technical change in general. This paper investigates and structures the growing body of...
Persistent link: https://www.econbiz.de/10005304558
The cost-minimization part of a specific factors model with perfect capital movements and production externalities for both perfect and imperfect competition is used here to explain the growth rate of wages as a function of technical change, terms of trade or import changes, interest rate...
Persistent link: https://www.econbiz.de/10005304565
This paper investigates the shift in demand away from low-skilled and towards high-skilled labour in the Netherlands over the 1990s. Making the distinction between the effects of technical change on job type and job level, the conclusion is that skill-biased technical change based on job level...
Persistent link: https://www.econbiz.de/10005304567
Abstract not available
Persistent link: https://www.econbiz.de/10005304571
By formulating an endogenous growth model that combines elements from Romer (1990), Aghion and Howitt (1992), and van Zon and Yetkiner (2003), the present paper studies the contribution of education and training on economic growth through their impact on the rate of innovation. The article...
Persistent link: https://www.econbiz.de/10005304576