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’s technology choice is embedded in a search theoretic framework for unemployment. A more advanced technology is assumed to have a … increase in the unemployment benefit leads to an increase in the equilibrium wage rate, giving an incentive to firms to choose … a more advanced technology. Thus, this result regarding unemployment insurance in models with wage posting carries …
Persistent link: https://www.econbiz.de/10015267363
In this infinite horizon model, unemployment results from the existence of efficiency wages. Consumers choose saving … unemployment rate decreases with the size of the population. …
Persistent link: https://www.econbiz.de/10015267569
model provides a general-equilibrium framework for studying technology choice with unemployment in a developing economy … based on microfoundations. Unemployment in the urban sector results from the existence of efficiency wages. Manufacturing …, urban unemployment rate may decrease, and agricultural sector employment may increase. …
Persistent link: https://www.econbiz.de/10015270072
immigration. The first paper gives an overview on the economic literature on the impact of immigration on unemployment and wages … Arbeitsmarktergebnis (bspw. Löhne und Arbeitslosigkeit) sowie die einheimische Immigrationspolitik. Wir erweitern damit die bestehende … Papier gibt eine Übersicht zur bestehenden Literatur bezüglich des Einflusses von Immigration auf Löhne und Arbeitslosigkeit …
Persistent link: https://www.econbiz.de/10009471669
The BRICS countries (Brazil, Russia, India, China, and South Africa) have seen varying GDP growth rates, averaging around 5 percent in the 1990s, rising to 8 percent in the 2000s, and about 5.5 percent from 2011 to 2020. Structural change and labour productivity are key for sustained economic...
Persistent link: https://www.econbiz.de/10015213818
Tertiarisation of labour market has globally been associated with economic progress. But in developing countries, labour market deformities may push people into service economy out of distress also. This paper examines the tertiarisation process in Indian labour market to bring out the reasons...
Persistent link: https://www.econbiz.de/10015215259
Informal sector is now seen as the next engine of growth for the Indian economy. Given their potential for employment creation and their strong linkage effects with the other sectors of the economy, they have an important role in regional development. This paper aims to provide an overview of...
Persistent link: https://www.econbiz.de/10015263788
Artificial Intelligence (AI) has been embraced enthusiastically by Africans as a new resource for African development. AI could improve well-being by enabling innovation in business, education, health, ecology, urban planning, industry, etc. However, the high expectations could be little more...
Persistent link: https://www.econbiz.de/10015268239
In the context of an unprecedented decline in the manufacturing employment driven by the informal sector in the post-2010 period, the paper examines the structural compositional changes in the Informal Manufacturing Sector (IMS) in India, the largest employer within the manufacturing sector....
Persistent link: https://www.econbiz.de/10015270839
This comment discusses the consequences of a potential fourth industrial-digital revolution (“Industry 4.0”) from a labour market perspective. In particular, we look at the development through the lens of a comprehensive macroeconomic modelling approach for Germany. Additionally, the...
Persistent link: https://www.econbiz.de/10015250194