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Technological change, human capital structure, and multiple growth paths
Kim, Yong Jim; Lee, Jong-Wha - 2009
This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital in the uncertain environments of technology. The uncertainty comes from two sources; the possibility of a technology advance and the characteristics of new...
Persistent link: https://www.econbiz.de/10003817262
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Dilution effects, population growth and economic growth under human capital accumulation and endogenous technological change
Bucci, Alberto; Eraydın, Levent; Müller, Moritz - 2018
This paper answers the following two questions: 1) In the data, can we find a dilution effect of population growth also on per-capita human capital investment? If yes, 2) how can we use this fact to explain theoretically the existence of a differential impact of population change on economic...
Persistent link: https://www.econbiz.de/10011789620
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Environmental Policy, Education and Growth with Finite Lifetime : The Role of the Abtement Technology
Pautrel, Xavier - 2014
This note shows that the assumptions about the abatement technology modify the impact of the environmental taxation (both the size and the “direction”) on the long-run growth driven by human capital accumulation à la Lucas (1988), when the source of pollution is private consumption and...
Persistent link: https://www.econbiz.de/10014202489
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Computer Technology, Human Labor, and Long-Run Economic Growth
Elliott, Stuart W. - 1998
Over the coming century, computer technology is likely to become capable of reproducing a large portion of the tasks performed by human labor. This paper develops a model of the aggregate economic growth that results when work tasks are transferred from humans to physical capital. The model...
Persistent link: https://www.econbiz.de/10014062624
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Occupational choice and the dynamics of human capital, inequality and growth
Dvorkin, Maximiliano A.; Monge-Naranjo, Alexander - 2019
We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general...
Persistent link: https://www.econbiz.de/10011998090
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Ideology, Human Capital, and Growth
Iyigun, Murat; Mocan, Naci H.; Owen, Ann L. - 2001
education and knowledge and ideology play complementary roles in determining individuals' efficiency units of labor input. A … are likely to invest more in education and as a result experience faster technological progress and growth. Somewhat … high even in the long run. When there exists a feedback loop between education and ideology, a flawed ideology may be …
Persistent link: https://www.econbiz.de/10014134820
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The adoption of ChatGPT
Humlum, Anders; Vestergaard, Emilie - 2024
We study the adoption of ChatGPT, the icon of Generative AI, using a large-scale survey experiment linked to comprehensive register data in Denmark. Surveying 100,000 workers from 11 exposed occupations, we document ChatGPT is pervasive: half of workers have used it, with younger, less...
Persistent link: https://www.econbiz.de/10014529975
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Education and Growth with Learning by Doing
Marconi, Gabriele - 2015
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers … increase productivity. One important implication of the model is that the enrolment rate to education has a negative effect on … relationship between education and economic growth that has been found in the empirical macroeconomic literature. Conversely, for a …
Persistent link: https://www.econbiz.de/10013021942
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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 capital-embodied technical change in the late 1970s. Evidence suggests that European economies have lagged behind the United States in the adoption and usage of new...
Persistent link: https://www.econbiz.de/10011489796
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Technological Change, Human Capital Structure, and Multiple Growth Paths
Lee, Jong-Wha - 2010
This paper presents a theoretical model to analyze the effects of technology change on growth rates of income and human capital in the uncertain environments of technology. The uncertainty comes from two sources; the possibility of a technology advance and the characteristics of new...
Persistent link: https://www.econbiz.de/10013143782