This paper extends the firm heterogeneity model of Melitz (2003) by introducing a new concept of endegenous investments in process R&D. The novelty is that if a firm invests more R&D its expected innovation return hazard rate stochastically dominates the return of less R&D investments. Due to...

How shifts in the economic leadership between countries can occur has been widely debated not only since the recent catch up of China in several sectors. However, there is no adequate theoretical model analyzing this question in the light of trade liberalization. This paper is the first one to...

This paper extends the firm heterogeneity model of Melitz (2003) by introducing a new concept of endogenous investments in process R&D. The novelty is that if a firm invests more in R&D its expected innovation return hazard rate stochastically dominates the return of less R&D investments. Due to...

In diesem Beitrag untersuchen wir die Auswirkungen der beiden "Franken-Schocks" von 2010/11 und 2015 auf die Schweizer Volkswirtschaft. Auf makroökonomischer Ebene zeigt sich, dass die Nominallöhne, insbesondere im Industriesektor, vor dem Hintergrund sinkender Preise und einer nur leicht...

We use a data-driven methodology to quantify the importance of different skills in performing green tasks, aiming to estimate the green potential of occupations in Switzerland. By this we mean the potential of an occupation to be able to perform green tasks on the basis of the skills attributed...

This paper presents a new approach to estimate the green potential of occupations. Using data from O*NET on the skills that workers possess and the tasks they carry out, we train several machine learning algorithms to predict the green potential of U.S. occupations classified according to the...

In this paper, we use a data-driven approach to predict the "green potential" of ISCO occupations based on their corresponding skills. With this information, we can investigate the relationship between environmental regulations and occupation-level employment in the manufacturing sector of 19...

We use a data-driven methodology to quantify the importance of different skills in performing green tasks. For Switzerland, we estimate the green potential to be 16.7% of the total of employed persons and 18.8% of full-time equivalents in 2017, respectively. Employed persons in jobs with high...

Using a data-driven methodology that allows to quantify the importance of different skills in performing green tasks, we estimate the green potential for 26 European countries. By green potential we mean the share of employed persons in occupations characterised by skills that are important for...