The effects of skill-biased technical change on productivity flattening and hours worked

Christian Hutter (IAB), Enzo Weber (IAB, Universität Regensburg)

In a structural macroeconometric analysis based on comprehensive micro data, we examine the role of skill-biased technical change for the flattening of productivity growth and effects on hours worked. The results show that more than 60 percent of the slowdown in productivity growth in Germany since the early 2000s can be explained by the SBTC development. Furthermore, skill-biased technology shocks reduce hours worked, while skill-neutral technology shocks have a positive effect in the long run.

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Year of publication:	20 November 2017
Authors:	Hutter, Christian ; Weber, Enzo
Publisher:	Nuremberg : Institute for Employment Research of the Federal Employment Agency
Subject:	productivity \| hours \| SBTC \| SVAR \| Technischer Fortschritt \| Technological change \| Arbeitszeit \| Working time \| Produktivität \| Productivity \| Arbeitsproduktivität \| Labour productivity \| VAR-Modell \| VAR model \| Schätzung \| Estimation \| Qualifikation \| Occupational qualification \| Theorie \| Theory