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growth on unemployment compared to the standard matching model with disembodied technological progress. … unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10010627399
growth on unemployment compared to the standard matching model with disembodied technological progress … unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10014208790
growth on unemployment compared to the standard matching model with disembodied technological progress. -- Growth … unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10003921741
unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … growth reduces unemployment by decreasing job separation and inducing job creation. The incorporation of on-the-job search … unemployment than the standard matching model …
Persistent link: https://www.econbiz.de/10014186123
This paper provides evidence for a positive effect of total factor productivity growth on unemployment in cross …-country regressions for OECD countries. The paper explains this empirical result with an exogenous growth model with unemployment due to … implies cross-country differences in unemployment rates due to differences in the steady-state capital-output ratios. In turn …
Persistent link: https://www.econbiz.de/10012728652
This paper studies the relationship between disembodied technological progress and unemployment in a standard search-matching … uncovers a new effect whereby an increase in growth intensifies the endogenous rate of job separation because it raises the … that disembodied technological progress increases the rate of unemployment. (Copyright: Elsevier) …
Persistent link: https://www.econbiz.de/10005090965
. Data from Japan shows that productivity growth reduces both unemployment and the proportion of nonregular workers to total … employed workers. In order to study the impact of long-run productivity growth on unemployment and non-regular employment, I … faster growth on unemployment is ambiguous. …
Persistent link: https://www.econbiz.de/10010568457
Until recently, the neoclassical growth theory and the neoclassical labour market theory have independently evolved … over time without communicating to each other. The neoclassical growth theory (Solow, 1956), born after the second world … war, assumes full employment. On the other hand, the unemployment theory (Friedman, 1968) turned the attention to the …
Persistent link: https://www.econbiz.de/10005049491
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …
Persistent link: https://www.econbiz.de/10012651396
This research presents a new metric known as "AI Augmentation," aimed at quantifying the influence of generative AI across diverse job roles, organizations, and sectors. The analysis defies prevailing expectations of job losses due to AI, instead demonstrating a reverse correlation between AI...
Persistent link: https://www.econbiz.de/10014345530