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Human capital theory states that workers' knowledge and skills increase their productivity and thus raise their … on the earnings cost of displacement by distinguishing the earnings losses between high technology (hi-tech) displaced … demonstrate that earnings decline substantially upon displacement and then recover gradually. Hi-tech displaced workers suffer …
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In February 2022, Russia launched a full-scale invasion of Ukraine. The ensuing war has a devastating destructing impact in Ukraine. This article focuses on the humanitarian cost of war. The article develops a framework for the analysis of the effect of a war on country's human capital. We then...
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net of their additional spending at arrival that might mask labor market displacement effects. Despite this, we do not …
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Large metropolitan regions with pollution, congestion and high rents remain the supernatural economic places. The mystery of what exactly raises productivity in large cities continues. Going back to the famous pin factory of Adam Smith, the answer might be that city workers are able to...
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Research has consistently demonstrated a negative and significant relationship between occupational feminization and wages. This has traditionally been attributed to societal mechanisms undervaluing the work mainly performed by women. More recently, empirical evidence from the US and Europe has...
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