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Bonus Culture: Competitive Pay, Screening, and Multitasking

Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2013

This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of … compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most … perfect competition, the resulting efficiency loss can be much larger than that imposed by a single firm or principal, who …

Persistent link: https://www.econbiz.de/10010635587

Bonus culture: Competitive pay, screening, and multitasking

Bénabou, Roland; Tirole, Jean - 2013

Persistent link: https://www.econbiz.de/10010293214

Analysing the effects of tax benefit reforms on income distribution: a decomposition approach

Bargain, Olivier; Callan, Tim - 2007

To assess the impact of tax-benefit policy changes on income distribution over time, we suggest a methodology based on counterfactual simulations. We start by decomposing changes in inequality/poverty indices into three contributions: reforms of the tax-benefit structure (rules, rates, etc.),...

Persistent link: https://www.econbiz.de/10010268220

Policies to create and destroy human capital in Europe

Heckman, James Joseph; Jacobs, Bas - 2009

Trends in skill bias and greater turbulence in modern labor markets put wages and employment prospects of unskilled workers under pressure. Weak incentives to utilize and maintain skills over the life-cycle become manifest with the ageing of the population. Reinvention of human capital policies...

Persistent link: https://www.econbiz.de/10010274258

Taxing home ownership: Distributional effects of including net imputed rent in taxable income

Figari, Francesco; Paulus, Alari; Sutherland, Holly; … - 2012

Imputed rental income of homeowners is tax exempt in most countries, despite the long-standing arguments recommending its inclusion in the tax base, on both equity and efficiency grounds. The current fiscal crisis revived interest towards this form of taxation. The paper investigates the fiscal...

Persistent link: https://www.econbiz.de/10010282310

Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector

Welfens, Paul J. J. - 2015

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

Persistent link: https://www.econbiz.de/10010531693

Are Intellectual Property Rights Unfair?

Saint-Paul, Gilles - 2002

distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …

Persistent link: https://www.econbiz.de/10010262329

Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector

Welfens, Paul J. J. - Institute for the Study of Labor (IZA) - 2015

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

Persistent link: https://www.econbiz.de/10011265664

The Race against the Robots and the Fallacy of the Giant Cheesecake: Immediate and Imagined Impacts of Artificial Intelligence

Naudé, Wim - 2019

After a number of AI-winters, AI is back with a boom. There are concerns that it will disrupt society. The immediate concern is whether labor can win a 'race against the robots' and the longer-term concern is whether an artificial general intelligence (super-intelligence) can be controlled. This...

Persistent link: https://www.econbiz.de/10012005919

The Wrong Kind of AI? Artificial Intelligence and the Future of Labor Demand

Acemoglu, Daron; Restrepo, Pascual - 2019

Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...

Persistent link: https://www.econbiz.de/10012005993