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This paper presents a general equilibrium assignment model of workers to tasks with endogenous supply of skills. The … model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur; workers … self-select the type of skills to supply and firms assign workers to tasks/machines. Equilibrium is characterized by two …
Persistent link: https://www.econbiz.de/10009727655
-augmenting technologies on occupation-level employment and wage bills. A model featuring labor-saving and labor-augmenting technologies with …
Persistent link: https://www.econbiz.de/10014436977
adjustment of output, productivity and employment in the manufacturing sector. Impulse responses are constructed using parameter … estimates obtained from vector auto regression (VAR) models consisting of hours, employment, output and wages in the … identified in 1995. Impulse responses are used to contrast the relative size of productivity, output and employment adjustments …
Persistent link: https://www.econbiz.de/10012726482
on the positive and negative effect of intra-firm exports and imports respectively, on aggregate employment. The former …
Persistent link: https://www.econbiz.de/10011374359
Persistent link: https://www.econbiz.de/10012387681
Persistent link: https://www.econbiz.de/10012653574
returned to previous levels within a few quarters. Consequently, the total loss in employment caused by the rise in mismatch … preferences amid strong labor demand are more prominent explanations for the persistent employment shortfall vis-à-vis pre …
Persistent link: https://www.econbiz.de/10013295149
This article applies recent advances in productivity and efficiency measurement to the evaluation of skill-biased technical change. Using the general index approach we are able to establish an explicit and unconstrained time path for nonneutral technical change between production and...
Persistent link: https://www.econbiz.de/10013319813
. Empirical evidence suggests that one channel through which this complementarity works is product innovation. I also analyze the …
Persistent link: https://www.econbiz.de/10014222754
We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 … service occupations (employment polarization), experienced earnings growth at the tails of the distribution (wage polarization …
Persistent link: https://www.econbiz.de/10009679627