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Unemployment, Capital-Labor Substitution, and Economic Growth

Rowthorn, Bob (R. E.) - 2021

This paper discusses the influence of economic growth on the equilibrium unemployment rate (NAIRU). It examines how income distribution and the NAIRU are influenced by capital formation, technical progress, and labor force expansion, and how these factors` impact depends on the elasticity of...

Persistent link: https://www.econbiz.de/10013317717

The price of capital, factor substitutability, and corporate profits

Hergovich, Philipp; Merz, Monika - 2018

The capital-to-labor ratio has steadily risen in the U.S. and elsewhere during the post-WWII period. Since the 1970s this rise has been accompanied by a rise in the level and variability of corporate profits whereas the labor share of income has declined. In this paper we ask whether these...

Persistent link: https://www.econbiz.de/10011906166

Jobless Growth : Appropriability, Factor Substitution, and Unemployment

Caballero, Ricardo J.; Hammour, Mohamad L. - 2003

A central determinant of the political economy of capital-labor relations is the appropriability of specific quasi-rents. This paper is concerned with the general-equilibrium interaction of appropriability and characteristics of technology--namely, the embodiment of technology in capital and...

Persistent link: https://www.econbiz.de/10014208093

Uneven technical progress and unemployment

Gersbach, Hans; Schniewind, Achim - 2002

Persistent link: https://www.econbiz.de/10001675924

Do Computers Call for Training? Firm-Level Evidence On Complementarities between ICT and Human Capital Investments

Hempell, Thomas - 2008

This paper explores whether investments in information and communication technologies (ICT) and firm-sponsored training programmes are complementary. Three approaches are applied to panel data from German service companies for the time period 1994-98. Results for a system of interrelated factor...

Persistent link: https://www.econbiz.de/10014080504

A Nonparametric Examination of Capital-Skill Complementarity

Henderson, Daniel J. - 2021

This paper uses nonparametric kernel methods to construct observation-specific elasticities of substitution for a balanced panel of 73 developed and developing countries to examine the capital-skill complementarity hypothesis. The exercise shows some support for capital-skill complementarity,...

Persistent link: https://www.econbiz.de/10013324750

Enforcement of labor regulations and job flows : evidence from Brazilian cities

Abras, Ana; Almeida, Rita; Carneiro, Pedro; Corseuil, … - In: IZA Journal of development and migration 8 (2018) 24, pp. 1-19

The frequency of labor inspections in Brazil increased in the late 1990s. In the years that followed, between 2003 and 2007, formal employment expanded significantly in the country. This paper examines whether these city-level changes in labor inspections could be a significant factor...

Persistent link: https://www.econbiz.de/10011975795

The Layoff Generation : How Generative Ai Will Reshape Employment and Labor Markets

Huang, Qiwen; Shen, Yifan; Sun, Yuanchi; Zhang, Tony - 2023

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

Anmerkungen zum Monopson am Arbeitsmarkt : der Zeithorizont macht den Unterschied

Sell, Friedrich L.; Reinisch, David C. - 2012

Ob die Marktform des Monopsons am Arbeitsmarkt vorliegt, ist fur die Frage des Für oder Wider des Mindestlohns von … Strukturen am Arbeitsmarkt nachgewiesen werden, die Einführung eines Mindestlohns nicht nur zu einer exogenen Lohnerhöhung für … gilt fur den Unternehmer mit Marktmacht am Arbeitsmarkt genau dasselbe, was auch fur alle anderen Unternehmer ohne …

Persistent link: https://www.econbiz.de/10009668292

Verifying gross substitutability

Reijnierse, Hans; Gellekom, Johanna Regina Geertruida van; … - In: Economic theory : official journal of the Society for … 20 (2002) 4, pp. 767-776

Persistent link: https://www.econbiz.de/10001706797