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Labor Supply and Personal Computer Adoption
Doms, Mark E. - 2007
The positive correlations found between computer use and human capital are often interpreted as evidence that the adoption of computers have raised the relative demand for skilled labor, the widely touted skill-biased technological change hypothesis. However, several models argue the...
Persistent link: https://www.econbiz.de/10012731708
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Technological and Organizational Changes, and Labor Flows : Evidence on French Establishments
Askenazy, Philippe; Moreno-Galbis, Eva - 2021
This paper investigates the effects of organizational and technological changes on job stability of different occupational categories in France. We conduct an empirical analysis in which we make extensive use of a unique data set on a representative sample of French establishments. Working with...
Persistent link: https://www.econbiz.de/10013317244
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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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New Technology and Labour Markets : Entrants, Outsourcing, and Matching
Goyal, Ashima - 2014
The impact of new technology (ICT) on labour markets and welfare is analyzed in a model of matching. First, ICT lowers cost and speed of market access, thus reducing frictions in matching a searching worker to an opportunity. It raises output and lowers the cost of entry for a new firm. The rise...
Persistent link: https://www.econbiz.de/10014029519
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Technological Unemployment: A New View
Matthews, Peter - 2002
This paper extends the now familiar Shapiro-Stiglitz (1984) model of labor market behavior to reconsider the controversial proposition that some forms of innovation have persistent displacement effects. In particular, it finds that when distinctions between random production failures and reduced...
Persistent link: https://www.econbiz.de/10005417039
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Skill-biased technological change, unemployment and brain drain
Fadinger, Harald; Mayr, Karin - 2012
We develop a model of directed technological change, frictional unemployment and migration to examine the effects of a …, an increase in the skill ratio can reduce the relative unemployment rate of skilled workers and decrease the relative …
Persistent link: https://www.econbiz.de/10011374349
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Technology adoption, turbulence and the dynamics of unemployment
Duernecker, Georg - 2011
The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in … change. The proposed framework offers a novel explanation for the observed divergence of unemployment rates across economies … adoption. The results of the paper challenge the popular, but controversial, view that blames generous unemployment insurance …
Persistent link: https://www.econbiz.de/10011489796
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A neo-Kaleckian-Goodwin model of capitalist economic growth : monopoly power, managerial pay, labor market conflict, and endogenous technical progress
Palley, Thomas I. - 2012
This paper presents a neo-Kaleckian-Goodwin model of growth and distribution. The key innovation is the introduction of managerial pay. Kaleckian monopoly power determines the functional distribution of income and Goodwin labor bargaining power determines wage bill division. The model helps...
Persistent link: https://www.econbiz.de/10009672475
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Unemployment and growth : putting unemployment into Post Keynesian growth theory
Palley, Thomas I. - 2018
Post Keynesian (PK) growth models typically fail to model unemployment. That shows up in the absence of any equilibrium … or exploding unemployment rate. The underlying analytical problem is failure to resolve the Harrod (1939) knife edge …
Persistent link: https://www.econbiz.de/10011926923
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The economics of the super-multiplier
Palley, Thomas I. - 2018
shows how labor markets and unemployment can be added into super-multiplier models to provide a comprehensive growth model …
Persistent link: https://www.econbiz.de/10011927111