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The Structure of Wages and Investment in General Training
Acemoglu, Daron; Pischke, Jörn-Steffen - 1999
In the human capital model with perfect labor markets, firms never invest in general skills and all costs of general training are borne by workers. When labor market frictions compress the structure of wages, firms may pay for these investments. The distortion in the wage structure turns...
Persistent link: https://www.econbiz.de/10014194939
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Equalizing Superstars : The Internet and the Democratization of Education
Acemoglu, Daron - 2014
Educational resources distributed via the Internet are rapidly proliferating. One prominent concern associated with these potentially transformative developments is that, as many of the leading technologies of the last several decades have been, these new sweeping technological changes will be...
Persistent link: https://www.econbiz.de/10013060418
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Twin-peaks : what the knowledge-based approach can say about the dynamics of the world income distribution
Pyka, Andreas; Krüger, Jens; Cantner, Uwe - 1999 - [Electronic ed.]
Persistent link: https://www.econbiz.de/10009781729
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Knowledge and innovative entrepreneurship : social capital and individual capacities
Cantner, Uwe; Stützer, Michael - In: Knowledge, innovation and internationalisation : essays …, (pp. 59-90). 2013
Persistent link: https://www.econbiz.de/10009751537
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The role of market competition for knowledge competencies, R&D and innovation : an empirical analysis for German firms
Abdul Basit, Shoaib; Kuhn, Thomas; Cantner, Uwe - In: European journal of management studies : EJMS 27 (2022) 2, pp. 229-253
Persistent link: https://www.econbiz.de/10013465457
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Twin-Peaks - what the knowledge-based approach can say about the dynamics of the world income distribution
Pyka, Andreas - 1999
Persistent link: https://www.econbiz.de/10013283168
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Knowledge spillovers through FDI and trade : moderating role of quality-adjusted Human Capital
Ali, Muhammad; Cantner, Uwe; Roy, Ipsita - 2015
examining inter-relationship between knowledge spillovers from imports and inward FDI. Moreover, human capital is added to the … discussion as one of the appropri- ability conditions for knowledge spillovers. However, in comparison to most studies that rely …, a strong complementary rela- tionship is found between knowledge spillovers through the channels of imports and inward …
Persistent link: https://www.econbiz.de/10011349345
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Low-skill and high-skill automation
Acemoglu, Daron; Restrepo, Pascual - 2017
We present a task-based model in which high- and low-skill workers compete against machines in the production of tasks. Low-skill (high-skill) automation corresponds to tasks performed by low-skill (high-skill) labor being taken over by capital. Automation displaces the type of labor it directly...
Persistent link: https://www.econbiz.de/10011786882
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Minimum wages and on-the-job training
Acemoglu, Daron; Pischke, Jörn-Steffen - 2001
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10011404043
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The race between machine and man : implications of technology for growth, factor shares and employment
Acemoglu, Daron; Restrepo, Pascual - 2016
We examine the concerns that new technologies will render labor redundant in a framework in which tasks previously performed by labor can be automated and new versions of existing tasks, in which labor has a comparative advantage, can be created. In a static version where capital is fixed and...
Persistent link: https://www.econbiz.de/10011573063