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Karanassou, Marika; Snower, Dennis J. - 2002

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

Persistent link: https://www.econbiz.de/10010265548

Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - 2001

knowledge sector is bounded, as productivity increases, the economy moves from a ?Solovian zone? where wages increase with … productivity, to a ?Marxian? zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

Persistent link: https://www.econbiz.de/10010262477

Welfare Analysis in a Schumpeterian Growth Model with Capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...

Persistent link: https://www.econbiz.de/10010262488

Multi-task learning and the reorganization of work: From Tayloristic to holistic organization

Lindbeck, Assar; Snower, Dennis J. - 1999

The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the shift from a "Tayloristic" organization of work (characterized by significant specialization by tasks) to a "holistic" organization (featuring job rotation, integration of tasks...

Persistent link: https://www.econbiz.de/10010273105

Economic reform, informal-formal sector linkages and intervention in the informal sector in developing countries: A paradox

Arvin-Rad, Hassan; Basu, Arnab K.; Willumsen, Maria - 2010

Within a general equilibrium framework of a developing economy with a foreign owned factor of production, this paper questions whether the informal-formal sector relationship is procyclical/ complementary - expansion or contraction in one necessarily implies an expansion or contraction in the...

Persistent link: https://www.econbiz.de/10010274701

Productivity, welfare and reallocation: theory and firm-level evidence

Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - 2009

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …

Persistent link: https://www.econbiz.de/10010269431

Religion and Growth

Becker, Sascha O.; Rubin, Jared; Woessmann, Ludger - 2023

work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …

Persistent link: https://www.econbiz.de/10014469638

Skill-Biased Transition: The Role of Markets, Institutions, and Technological Change

Sabirianova Peter, Klara - 2003

wage premium has been driven mainly by institutional factors during the early period and by productivity and technological … productivity. …

Persistent link: https://www.econbiz.de/10010261607

Outsourcing and technological innovations: a firm-level analysis

Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2008

This paper presents a dynamic model that analyzes how firms' expectations with regards to technological change influence the demand for outsourcing. We show that outsourcing becomes more beneficial to the firm when technology is changing rapidly. As the pace of innovations in production...

Persistent link: https://www.econbiz.de/10010268654

Outsourcing and technological change

Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2009

We present a dynamic model where the probability of outsourcing production is increasing in the firm's expectation of technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the sunk costs associated with purchasing and...

Persistent link: https://www.econbiz.de/10010269467