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Will China Eat Our Lunch or Take Us Out to Dinner? Simulating the Transition Paths of the U.S., EU, Japan, and China
Fehr, Hans - 2005
China eventually becomes the world's saver and, thereby, the developed world's savoir with respect to its long-run supply of capital and long-run general equilibrium prospects. And, rather than seeing the real wage per unit of human capital fall, the West and Japan see it rise by one fifth by...
Persistent link: https://www.econbiz.de/10012467008
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Simulating the Elimination of the U.S. Corporate Income Tax
Fehr, Hans - 2013
We simulate corporate tax reform in a single good, five-region (U.S., Europe, Japan, China, India) model, featuring skilled and unskilled labor, detailed region-specific demographics and fiscal policies. Eliminating the model's U.S. corporate income tax produces rapid and dramatic increases in...
Persistent link: https://www.econbiz.de/10012458906
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Import Competition and the Great U.S. Employment Sag of the 2000s
Acemoglu, Daron - 2014
-level approaches to estimate the size of (a) employment losses in directly exposed manufacturing industries, (b) employment effects in … indirectly exposed upstream and downstream industries inside and outside manufacturing, and (c) the net effects of conventional …
Persistent link: https://www.econbiz.de/10012458271
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Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing
Acemoglu, Daron - 2014
-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT …-intensive industries depending on the exact measures, though not since the late 1990s. Most challenging to this paradigm, and our … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10012458826