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I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces …, this change leads to faster growth in output per worker and wages, but it also yields higher unemployment and a lower labor … that deliver a constant steady state unemployment rate in this setting. Labor-saving technical change increases …
Persistent link: https://www.econbiz.de/10014583789
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
I build a quantitative model of economic growth that can be used to evaluate the impact of environmental policy … evidence on energy use, efficiency, and prices in the United States, as well as the standard balanced growth facts. I use the …
Persistent link: https://www.econbiz.de/10013177614
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006 …
Persistent link: https://www.econbiz.de/10010494609
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006 …
Persistent link: https://www.econbiz.de/10010462537
I build a quantitative model of economic growth that can be used to evaluate the impact of environmental policy … evidence on energy use, efficiency, and prices in the United States, as well as the standard balanced growth facts. I use the …
Persistent link: https://www.econbiz.de/10012817938
faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that … growth on unemployment. Our quantitative analysis shows that our model increases the magnitude of the negative impact of … growth on unemployment compared to the standard matching model with disembodied technological progress. …
Persistent link: https://www.econbiz.de/10010332514
El presente ensayo constituye la segunda parte del trabajo titulado Las Teorías del Desarrollo en América Latina", cuya primera entrega se publicó en el número anterior de esta Revista. En esta segunda entrega se examina en su orden el pensamiento monetarista y neoestructuralista sobre los...
Persistent link: https://www.econbiz.de/10010945877
This paper studies the relationship between disembodied technological progress and unemployment in a standard search … 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
The picture on disparities in productivity growth and in unemployment across European regions reveals the existence of … convergence of unemployment rates. This paper uses a unified framework to study both phenomena. We adopt a three … in the growth and employment regional performances. The main theoretical hypotheses upon which our empirical …
Persistent link: https://www.econbiz.de/10005037590