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The Role of Rents to Human Capital in Economic Development

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

In an overlapping generations model, rents to human capital play a key role in increasing savings. In the absence of such rents, the return to human capital is entirely appropriated by the old and accumulation is entirely determined by the income to fixed factors. If rents are introduced by...

Persistent link: https://www.econbiz.de/10005662008

Structural Development Accounting

Gancia, Gino A; Müller, Andreas; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2011

: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local …, costly adoption and spillovers from the world technology frontier. Despite its parsimonious parametrization, our empirical … technology adoption would increase the output per worker of the average non-OECD country relative to the US from 0.19 to 0 …

Persistent link: https://www.econbiz.de/10008854520

Distance to Which Frontier? Evidence on Productivity Convergence from International Firm-level Data

Bartelsman, Eric J; Haskel, Jonathan; Martin, Ralf - C.E.P.R. Discussion Papers - 2008

An extensive literature on the convergence of productivity between countries examines whether productivity is pulled … use the wide dispersion of productivity across firms to explore convergence to the national frontier. Given this within …

Persistent link: https://www.econbiz.de/10005123710

Factor Saving Innovation

Boldrin, Michele; Levine, David - C.E.P.R. Discussion Papers - 2002

rate of the economy and the rate of adoption of new technologies is determined by preferences, technology and initial …

Persistent link: https://www.econbiz.de/10005114155

Has ICT Polarized Skill Demand? Evidence from Eleven Countries over 25 years

Michaels, Guy; Natraj, Ashwini; Van Reenen, John - C.E.P.R. Discussion Papers - 2010

technology (like R&D). Technologies can account for up to a quarter of the growth in demand for the college educated in the …

Persistent link: https://www.econbiz.de/10008553070

Restructuring Production and Work

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1995

The paper analyses the contemporary organizational restructuring of production and work and derives some salient implications for the labour market. The analysis focuses on the switch from occupational specialization at 'Tayloristic' organizations to multi-tasking at 'holistic' organizations....

Persistent link: https://www.econbiz.de/10005504765

The Division of Labour Within Firms

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1998

The paper examines the determinants of the division of labour within firms. It provides an explanation of the pervasive change in work organization away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the existing literature on the division of...

Persistent link: https://www.econbiz.de/10005788938

Reorganization of Firms and Labour Market Inequality

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1996

This paper explores the implications of the ongoing reorganization of firms for inequality in the labour market. We show how recent technological advances in physical and human capital can lead to the breakdown of occupational barriers, creating demands for new combinations of skills, and...

Persistent link: https://www.econbiz.de/10005789077

Capital is Back: Wealth-Income Ratios in Rich Countries, 1700-2010

Piketty, Thomas; Zucman, Gabriel - C.E.P.R. Discussion Papers - 2013

recovery (itself driven by changes in capital policies since the world wars) and by the slowdown of productivity and population …

Persistent link: https://www.econbiz.de/10011083398

Inequality, Leverage and Crises

Kumhof, Michael; Rancière, Romain - C.E.P.R. Discussion Papers - 2011

The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2007 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial...

Persistent link: https://www.econbiz.de/10008784720