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This paper analyzes the urban impacts of hybrid WFH in the simplest possible model, relying on Leontief utility and production functions and other simplifying assumptions. The analysis shows that introduction of WFH raises both the wage and land consumption of households while shrinking the size...
Persistent link: https://www.econbiz.de/10014574308
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014529725
Persistent link: https://www.econbiz.de/10014525814
In this paper we build a model of occupational choice with informal production and progressive income taxation. We calibrate the model to the Brazilian economy to evaluate the impact of removing financial frictions on informality. We find that financial deepening leads to a drop in the size of...
Persistent link: https://www.econbiz.de/10012392038
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014567540
The productivity-enhancing effects of digitalisation have generated increased interest in the promotion of digital … technologies. This report provides different estimations for euro area countries of the impact of digital uptake on productivity at … firm level, showing that the adoption of digital technologies could lead to an increase in firms' productivity in the …
Persistent link: https://www.econbiz.de/10014565155
productivity costs. This shift will have varied implications for businesses, contingent upon their scale, access to financial … without displacing other initiatives, yet stringent climate regulations might impede the productivity ascent of … productivity disparities exist between top and bottom emitters within specific industries. The transition period poses a risk to a …
Persistent link: https://www.econbiz.de/10014565160
Persistent link: https://www.econbiz.de/10014575934
average farm sizes. These cross-country differences play a determining role in productivity of farms and the distribution of … agricultural regions. Low labor productivity in small farms appears as a key explanatory factor. …
Persistent link: https://www.econbiz.de/10014564043
Persistent link: https://www.econbiz.de/10014533495