Langot, François; Moreno-Galbis, Eva - Institute for the Study of Labor (IZA) - 2008
destruction effect dominates over the capitalization effect for old workers, whereas the capitalization effect dominates for young … more often than young ones, when deciding whether to update or not a technology: there is an equilibrium where the creative …' employment rate,
capitalization, creative destruction effect
Corresponding author:
Eva Moreno-Galbis
GAINS
Université …