Similar Search Results

Acemoglu, Daron - National Bureau of Economic Research - 2024

This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the...

Persistent link: https://www.econbiz.de/10014544765

Technological diffusion and managing the associated economic transitions in Ireland

Seitani, Haruki; Westmore, Ben - 2020

Technological change is transforming Ireland’s economic structures, leading to new jobs and innovative products that benefit consumers. Adoption of new technologies by businesses has been high relative to many other OECD economies, but it has been uneven across industries and the impact on...

Persistent link: https://www.econbiz.de/10012259021

Targeted fiscal policy to increase employment and wages of unskilled workers

Angelopulos, Kōnstantinos; Jiang, Wei; Malley, James R. - 2017

We extend the canonical model of search and matching frictions by including capital-skill complementarity in production, labour markets with skilled and unskilled workers and on-the-job-learning (OJL) within and across skill types. These extensions capture key characteristics of skilled and...

Persistent link: https://www.econbiz.de/10011617479

The Impact of Covid-19 on Productivity

Bloom, Nicholas; Bunn, Phillip; Mizen, Paul; Smietanka, … - 2022

We analyse the impact of Covid-19 on productivity using data from an innovative monthly firm survey panel that asks for quantitative impacts of Covid on inputs and outputs. We find total factor productivity (TFP) fell by up to 5% during 2020–21. The overall impact combined large reductions in...

Persistent link: https://www.econbiz.de/10013300951

Employment protection and labour productivity growth in the EU : skill-specific effects during and after the Great Recession

Fedotenkov, Igor; Kvedaras, Virmantas; … - 2022

The paper investigates the relationship between employment protection legislation (EPL hereafter) and labour productivity growth in the EU in the context of the Great Recession. We consider the crisis and recovery periods, evaluate the relevance of both levels and changes in EPL for productivity...

Persistent link: https://www.econbiz.de/10013259541

Maternal Child Care : Some Macroeconomic Implications in the Time of COVID-19

Eswaran, Mukesh - 2020

In this paper, I make an attempt to understand the efficacy of some of the current fiscal stimuli being implemented to deal with the ongoing economic disaster precipitated by COVID-19. The focus is on pecuniary externalities working through the demand side, for they seem crucial for recovery. I...

Persistent link: https://www.econbiz.de/10012833645

Is increasing productivity COVID-19's silver lining?

Blit, Joel - 2020

Recent evidence for the U.S. suggests that recessions play a crucial role in promoting automation and the reallocation of productive resources, which in turn increase aggregate productivity and lead to a higher standard of living. I present evidence suggesting that the same is true in Canada. In...

Persistent link: https://www.econbiz.de/10012241594

From micro to macro hysteresis : long-run effects of monetary policy

Alves, Felipe; Violante, Giovanni L. - 2024 - Last updated: October 24, 2024

We develop a Heterogeneous Agent New Keynesian model with a three-state frictional labour market that is consistent with the empirical evidence that (i) low-skilled workers are more exposed to the business cycle, (ii) displacement leads to long-lasting earnings losses, and (iii) unemployment is...

Persistent link: https://www.econbiz.de/10015098505

The Effects of Breast Cancer on Individual Labour Market Outcomes : An Evaluation from an Administrative Panel

Barnay, Thomas - 2017

We estimate the effect of breast cancer on labour market participation, up to five years after the cancer onset. The … entry in the labour market. We find that the detrimental effect of the breast cancer increases significantly over time up to … 10 percentage points after five years. We also find evidence that the effect of cancer is stronger among the women with a …

Persistent link: https://www.econbiz.de/10012951220

Do Medical Treatments Work for Work? Evidence from Breast Cancer Patients

Daysal, N. Meltem; Evans, William N.; Pedersen, Mikkel Hasse - National Bureau of Economic Research - 2024

We investigate the effects of radiation therapy on the mortality and economic outcomes of breast cancer patients. We …

Persistent link: https://www.econbiz.de/10014486258