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This study investigates whether capital-skill complementarity is the explanation for skill-biased technical change. For this to be the case, capital-skill complementarity must exist in the first place and, secondly, all technical change must be embodied in nature, i.e. embedded in new capital...
Persistent link: https://www.econbiz.de/10010321550
Investigating the robustness of the skill-biased technical change hypothesis, this analysis incorporates two novel features. First, effective labor is modeled as the product of a quantity measure - number of employees with a given level of education - and a quality index, depending on, i.a.,...
Persistent link: https://www.econbiz.de/10010321018
This study investigates the relationship between super-fast broadband and firms' sales and employment level in Sweden. It is important to learn more about this recent technological change and few studies has explored the impact of super-fast broadband on firm outcomes. We use the previous...
Persistent link: https://www.econbiz.de/10013208849
This report takes stock of recent research into the effects of technology on the labor market; assesses to what extent the Swedish labor market has been affected by technological change in the past three decades, in particular with respect to the themes highlighted by the research; and draws...
Persistent link: https://www.econbiz.de/10012660609
The Canadian labour market is currently emerging from a holding pattern with unusually high numbers in temporary (or "recall") unemployment, those "employed but absent from work" for unspecified reasons, or not in the labour force while waiting to be recalled. Two encouraging signs are evident....
Persistent link: https://www.econbiz.de/10012232079
Macro-level changes can have substantial effects on the distribution of resources at the household level. While it is possible to speculate about which groups are likely to be hardest-hit, detailed distributional studies are still largely backward-looking. This paper suggests a straightforward...
Persistent link: https://www.econbiz.de/10009729280
Minimum wages decrease employment in competitive markets, but can increase it in monopsonistic markets so long as they do not exceed the marginal product of labour. We find evidence of non-monotonicity both by market structure and minimum wage level. Minimum wage hikes initially increase hours...
Persistent link: https://www.econbiz.de/10014507670
external finance, to identify a causal effect of bank credit supply on firm investment in innovation. We show that firms that …
Persistent link: https://www.econbiz.de/10012137482
Manufacturing firms increasingly focus on services. This trend is evident in their composition of input, in-house production and seemingly also in total sale. Firms' services intensity may affect their productivity, and thereby competitiveness abroad. Services are also instrumental in connecting...
Persistent link: https://www.econbiz.de/10012654380
Fifty years ago, Punjab embarked on its famous Green Revolution, leading the rest of India in that innovation, and … new round of agricultural innovation in Punjab. These are: complexity of the agricultural economy, complementary inputs … such as infrastructure, switching costs (including risks), balancing frontier innovation and adaptation, and the relative …
Persistent link: https://www.econbiz.de/10011406342