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This paper explores the relationship between growth and unemployment. Knowledge formation is the source of growth … destruction to job creation identifies three regimes, two of which are associated with unemployment either due to restricted labor …-skill mismatch and unemployment. …
Persistent link: https://www.econbiz.de/10010958259
This paper explores the relationship between growth and unemployment. Knowledge formation is the source of growth … destruction to job creation identifies three regimes, two of which are associated with unemployment either due to restricted labor …-skill mismatch and unemployment. …
Persistent link: https://www.econbiz.de/10004988468
Persistent link: https://www.econbiz.de/10001694258
This paper analyzes the relationship between endogenous growth and unemployment. It provides knowledge diffusion as the … unemployment. …
Persistent link: https://www.econbiz.de/10011540432
I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces … that deliver a constant steady state unemployment rate in this setting. Labor-saving technical change increases … unemployment, which lowers wages and creates incentives for future investment in labor-using technologies. In the long run, this …
Persistent link: https://www.econbiz.de/10014583789
This paper presents a general-equilibrium model of Innovation, endogenous growth, and unemployment in a disaggregated … economy. Unemployment is analyzed w ithin a dual labor market setting, where the labor market is consisting of a primary high … the economy's growth rate and the equilibrium unemployment rate. It can be shown in comparative static analyses, that the …
Persistent link: https://www.econbiz.de/10010405871
unemployment. To this goal, we develop a Schumpeterian model of endogenous growth: agents have the choice of being employed or … being doing R&D activities. Unemployment is caused by the wage-setting behavior of unions. We show that: (i) High labor … costs or powerful trade unions lead to higher unemployment and lower economic growth. (ii) Efficient bargain allows to …
Persistent link: https://www.econbiz.de/10005787102
unemployment. To this goal, we develop a schumpeterian model of endogenous growth: agents have the choice between employment and R … and D activities. Unemployment is caused by the wage-setting behavior of unions. We show that: (i) Increases in the labor … costs or in the power of trade unions lead to higher unemployment and lower economic growth. (ii) Efficient bargain allows …
Persistent link: https://www.econbiz.de/10008837910
Establishment closures have lasting negative consequences for the workers they displace from their jobs. We study how these consequences vary with the amount of skill mismatch that workers experience after job displacement. Developing new measures of occupational skill redundancy and skill...
Persistent link: https://www.econbiz.de/10014451088
Establishment closures have lasting negative consequences for the workers they displace from their jobs. We study how these consequences vary with the amount of skill mismatch that workers experience after job displacement. Developing new measures of occupational skill redundancy and skill...
Persistent link: https://www.econbiz.de/10014451370