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employment. It presents a simple standard model of matching unemployment that captures the negative creative destruction effects …
Persistent link: https://www.econbiz.de/10005630653
We examine how technological change affects wage inequality and unemployment in a calibrated model of matching … that, in the model calibrated to the U.S. economy, both unemployment and vacancy durations are very short, i.e., the …
Persistent link: https://www.econbiz.de/10013096978
Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits … of efficiency wages, the model allows for an endogenous determination of unemployment. The main findings are that … unemployment and wage inequality will increase due to the MFA phase out, and that a deeper integration with the EU can soften the …
Persistent link: https://www.econbiz.de/10010954293
Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits … of efficiency wages, the model allows for an endogenous determination of unemployment. The main findings are that … unemployment and wage inequality will increase due to the MFA phase out, and that a deeper integration with the EU can soften the …
Persistent link: https://www.econbiz.de/10010296388
Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits … of efficiency wages, the model allows for an endogenous determination of unemployment. The main findings are that … unemployment and wage inequality will increase due to the MFA phase out, and that a deeper integration with the EU can soften the …
Persistent link: https://www.econbiz.de/10005593803
unemployment, wage inequality and growth. We find that the lower the product market competition in the intermediate sector, the … and inequality are negatively correlated whereas growth and unemployment are positively correlated. The last two results …
Persistent link: https://www.econbiz.de/10014126742
Persistent link: https://www.econbiz.de/10011091023
Firms often rely on external financing in order to conduct R&D. The question is to what extend discriminatory behaviour of the funds provider affects the industry evolution. The model is based on an evolutionary framework by Nelson and Winter. A firm chooses its R&D spending in an adaptive...
Persistent link: https://www.econbiz.de/10010458501
This paper develops a static model of endogenous task-based technical progress to study how factor scarcity induces technological progress and changes in factor prices. The equilibrium technology is multi-dimensional and not strongly factor-saving in the sense of Acemoglu (2010). Nevertheless,...
Persistent link: https://www.econbiz.de/10012200235
An analytical framework is developed to study the repercussions between endogenous capital- and labor-saving technical change and population aging. Following an intuition often attributed to Hicks (1932), I ask whether and how population aging affects the relative scarcity of factors of...
Persistent link: https://www.econbiz.de/10003923496