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employment effects of routine-replacing technological change (RRTC), along with the underlying mechanisms. We show that while … new jobs through increased product demand, outweighing displacement effects and resulting in net employment growth …
Persistent link: https://www.econbiz.de/10011959965
employment effects of routine-replacing technological change (RRTC), along with the underlying mechanisms. We show that while … new jobs through increased product demand, outweighing displacement effects and resulting in net employment growth …
Persistent link: https://www.econbiz.de/10011903802
likely to reduce employment, then hourly wages and then hours worked, regardless of the source of the shock. Results for the … hours worked suggesting an asymmetric reaction to positive and negative shocks. Finally, we show that strict employment …We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages …
Persistent link: https://www.econbiz.de/10011997513
In this article, Jeffrey I. Bernstein of Carleton University, Richard G. Harris from Simon Fraser University, and Andrew Sharpe from the Centre for the Study of Living Standards provide a comprehensive analysis of the widening of the Canada-US manufacturing productivity gap. Since 1994, labour...
Persistent link: https://www.econbiz.de/10005518970
A fast-growing literature shows that technological change is replacing labor in routine tasks, raising concerns that labor is racing against the machine. This paper is the first to estimate the labor demand effects of routine-replacing technological change (RRTC) for Europe as a whole and at the...
Persistent link: https://www.econbiz.de/10011514667
We find that over the period 1950–1990, states in United States absorbed increases in the supply of schooling due to tighter compulsory schooling and child labor laws mostly through within-industry increases in the schooling intensity of production. Shifts in the industry composition towards...
Persistent link: https://www.econbiz.de/10010192317
Covid-19 recession experienced a larger increase in the share of digital occupations in both employment and newly …
Persistent link: https://www.econbiz.de/10014243740
COVID-19 recession experienced a larger increase in the share of digital occupations in both employment and newly …
Persistent link: https://www.econbiz.de/10014244425
This paper examines the equilibrium effects of alternative financial aid policies intended to promote college participation. We build an overlapping generations life cycle model with education, labor supply, and consumption/saving decisions. Cognitive and non-cognitive skills of children depend...
Persistent link: https://www.econbiz.de/10011880035
This paper examines the equilibrium effects of alternative financial aid policies intended to promote college participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labor supply, and consumption/saving decisions. Driven by...
Persistent link: https://www.econbiz.de/10011447151