Heterogeneous Labor, Labor Market Frictions and Employment Effects of Technological Change PDF Download
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Author: Jens Rubart
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Jens Rubart
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Jens Rubart
Publisher: Springer Science & Business Media
ISBN: 3540699562
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
This book provides an empirical and theoretical examination of the short- and medium run impacts of technological advances on the employment and wages of workers which differ in their earned educational degree. Furthermore, by introducing labor market frictions and wage setting institutions the author shows the importance of such imperfections in order to replicate empirical facts.
Author: Donglu Shi
Publisher: Springer
ISBN: 9783540441021
Category : Science
Languages : en
Pages : 292
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Book Description
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Author: Etienne Lalé
Publisher:
ISBN:
Category :
Languages : en
Pages : 126
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Book Description
This dissertation contains several lines of research in macroeconomics and labor economics conducted during the course of my phd. The unifying theme of this research is the study of labor markets that are subject to macro-search frictions and are populated by heterogeneous workers. Combining these features is important for our understanding of the functioning of labor markets, both from a positive and normative standpoint. The first chapter of this dissertation is resolutely on the positive side. It analyzes how the combination of labor market frictions and worker heterogeneity in skills can shed light on the observed fluctuations in entries into and exits out of the labor force. The second chapter is also on the positive ground, but it brings labor market policies to the fore of the analysis. Along with heterogeneity in human capital over the lifecycle, it shows how some policy tools have contributed to the divergent employment experiences of older workers in Europe and in the United States since the 1980s. The third chapter more naturally lends itself to policy implications. It provides a quantitative study of the employment and welfare effects of statutory severance payments in an economy with wealth heterogeneity reflecting the absence of perfect insurance markets faced by risk-averse workers.
Author: Donna K. Ginther
Publisher: Springer Science & Business Media
ISBN: 1461503256
Category : Business & Economics
Languages : en
Pages : 277
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Book Description
Technology, Growth, and the Labor Market brings together research by economists from academia and the Federal Reserve System. The first section of the volume includes discussions by monetary policymakers with firsthand experience in determining how technology affects productivity, inequality, and macroeconomic growth. Papers in the second section discuss the sources of the surge in labor productivity growth during the latter half of the 1990s and present forecasts of labor productivity growth rates during the next few years. In the third section, the papers focus on the role of technological advances in changes in earnings inequality in the labor market. The authors examine whether inequality should be viewed as a causal result of skill-biased technological change or whether there is a missing link - or perhaps no link - between changes in technology and changes in wage inequality. The final section explores the relationships between computer investment, worker skills, human resource practices, and productivity at the industry and firm levels.
Author: Guido Matias Cortes
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
We argue that skill-biased technological change not only affects wage gaps between skill groups, but also increases wage inequality within skill groups, across workers in different workplaces. Building on a heterogeneous firm framework with labor market frictions, we show that an industry-wide skill-biased technological change shock will increase between-firm wage inequality within the industry through four main channels: changes in the skill wage premium (as in traditional models of technological change); increased employment concentration in more productive firms; increased wage dispersion between firms for workers of the same skill type; and increased dispersion in the skill mix that firms employ, due to more sorting of skilled workers to more productive firms. Using rich administrative matched employer-employee data from Germany, we provide empirical evidence of establishment-level patterns that are in line with the predictions of the model. We further document that industries with more technological adoption exhibit particularly pronounced patterns along the dimensions highlighted by the model.
Author:
Publisher:
ISBN: 9781003389965
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
"In developed countries like the US, Germany and the UK it has been observed that workers who perform non-routine activities, either cognitive or manual, have benefited in terms of employment and income, while those performing routinary tasks have seen their job prospects and wages decline. This has led to a polarization of the labor markets and to a decrease in certain measures of inequality. This phenomenon has been attributed to task-biased technological change (TBTC), which differs from the skilled biased technological change in the fact that not only highly skilled workers have benefited from technology advancement. This book presents evidence of how digitalization and task-biased technological change are affecting the labor markets of different regions of the world and examines the factors that cause this inequality among nations. It examines recent issues around the effect of task-biased technological change on labor markets and the economy in general, with a comparison of different countries in Central and Eastern Europe, North America, and Latin America, as well as in other regions of the world. The incorporation of the abovementioned regions presents relevant particularities for the subject matter addressed in the book. The book also considers questions such as how labor market effects differ by gender and what the impact of digital skills on employment, inequalities and public policies might be. In so doing, it identifies the advances, opportunities, and changes that have taken place, while also making public policy proposals. The main market for the book is the global community of graduate students and researchers in the field of economics and, specifically, in the study of labor markets"--
Author: Richard Michael Cyert
Publisher: Ballinger Publishing Company
ISBN:
Category : Business & Economics
Languages : en
Pages : 584
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Book Description
Job desplacement; The employment and labor market adjustment: evidence from the displaced worker surveys; Technological change and the extent of frictional and structural unemployment; The effects of technological change on skills and the distribution of earnings and income; Sectoral patterns of technology adoption; Trade, tax, and diffusion policy issues.
Author: Robert Shimer
Publisher: Princeton University Press
ISBN: 1400835232
Category : Business & Economics
Languages : en
Pages : 189
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Book Description
Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.
Author: Y. S. Katsoulacos
Publisher: Brighton, Sussex : Wheatsheaf Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
Shows that the introduction of new products is more favourable to employment than the introduction of new production techniques.
