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  1. The Canadian Distinctiveness into the XXIst Century - La distinction canadienne au tournant du XXIe siècle
    Autor*in: Gaffield, Chad; Gould, Karen
    Erschienen: 2003
    Verlag:  University of Ottawa Press / Les Presses de l’Université d’Ottawa

    In this collection of essays some of Canada's foremost writers and thinkers, including John Ralston Saul and Margaret Atwood, call for equilibrium among economics, culture, and technological change. While promoting the dynamism and change possible in... mehr

     

    In this collection of essays some of Canada's foremost writers and thinkers, including John Ralston Saul and Margaret Atwood, call for equilibrium among economics, culture, and technological change. While promoting the dynamism and change possible in Canadian society, they also call for a re-examination of Canada's past in order to chart its future.

     
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    Quelle: OAPEN
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9780776617039
    Weitere Identifier:
    Schlagworte: Literary essays
    Weitere Schlagworte: technological change; essays; canada; economic change; culture change; Indigenous peoples in Canada; Voluntary sector
    Umfang: 1 electronic resource (230 p.)
  2. Interpreting productivity growth in the new economy : Some agnostic notes
    Autor*in: Gundlach, Erich
    Erschienen: 2001
    Verlag:  Kiel Institute for the World Economy (IfW), Kiel

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  3. Interpreting productivity growth in the new economy
    some agnostic notes
    Autor*in: Gundlach, Erich
    Erschienen: 2001
    Verlag:  Inst. of World Economics, Kiel

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  4. Technology and economic performance in the German economy
    Autor*in: Siebert, Horst; Stolpe, Michael
    Erschienen: 2001
    Verlag:  Inst. of World Economics, Kiel

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  5. Individual consequences of occupational decline
    Autor*in: Edin, Per-Anders; Evans, Tiernan; Graetz, Georg; Hernnäs, Sofia; Michaels, Guy
    Erschienen: [2019]
    Verlag:  Centre for Economic Performance, London School of Economics and Political Science, London

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: CEP discussion paper ; no 1629 (June 2019)
    Schlagworte: technological change; occupations; inequality
    Umfang: 1 Online-Ressource (circa 102 Seiten), Illustrationen
  6. Foreign demand and greenhouse gas emissions
    empirical evidence with implications for leakage
    Autor*in: Barrows, Geoffrey; Ollivier, Hélène
    Erschienen: [2018]
    Verlag:  Paris-Jourdan Sciences Economiques, Paris

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    Schriftenreihe: Working paper / Paris School of Economics ; no 2018, 51
    Schlagworte: globalization; trade and environment; product mix; technological change
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  7. Revisiting capital-skill complementarity, inequality, and labor share
    Autor*in: Ohanian, Lee E.; Orak, Musa; Shen, Shihan
    Erschienen: 2021
    Verlag:  Board of Governors of the Federal Reserve System, [Washington, DC]

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    Schriftenreihe: International finance discussion papers ; number 1319 (May 2021)
    Schlagworte: Lohnquote; Kapital; Lohnstruktur; Produktionsfunktion; USA; Capital-skill complementarity; elasticity of substitution; inequality; labor share; skill premium; technological change
    Umfang: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  8. "An elephants' graveyard"
    the deregulation of American industry in the late twentieth century
    Autor*in: Langlois, Richard N.
    Erschienen: July 2021
    Verlag:  University of Connecticut, Department of Economics, Storrs, CT

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    Schriftenreihe: Department of Economics working paper series / University of Connecticut ; 2021, 11
    Schlagworte: Deregulation; institutionalinnovation; technological change; antitrust
    Umfang: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  9. Disintermediation
    the rise of the personal xomputer and the internet in the late twentieth century
    Autor*in: Langlois, Richard N.
    Erschienen: July 2021
    Verlag:  University of Connecticut, Department of Economics, Storrs, CT

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    Schriftenreihe: Department of Economics working paper series / University of Connecticut ; 2021, 12
    Schlagworte: innovation; technological change; entrepreneurship; industrial policy; antitrust
    Umfang: 1 Online-Ressource (circa 71 Seiten), Illustrationen
  10. Routine-biased technological change does not always lead to polarisation
    evidence from 10 OECD Countries, 1995-2013
    Autor*in: Haslberger, Matthias
    Erschienen: August 2021
    Verlag:  Luxembourg Income Study (LIS), asbl, Luxembourg

    This article deals with a central paradox in the occupational polarisation literature: most scholars accept that technological change is biased against routine-intensive occupations, but in many countries, we do not see the pattern of occupational... mehr

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    This article deals with a central paradox in the occupational polarisation literature: most scholars accept that technological change is biased against routine-intensive occupations, but in many countries, we do not see the pattern of occupational polarisation that the theory usually predicts. I argue and show empirically using a dataset of 10 OECD countries between 1995 and 2013 that technological change is both routine-biased and skill-biased, but that the result of routine-biased technological change may be occupational upgrading rather than polarisation. This is due to differences in occupational routine-wage hierarchies: only where routine occupations cluster around the middle of the wage distribution are we likely to see polarisation. Where routine occupations are concentrated near the bottom of the wage hierarchy, upgrading occupational change is the norm. Based on research on the US, the former has been widely assumed, but it does not hold true in all countries. Overall, this article shows that much previous work on routine-biased technological change and polarisation was built on premises that do not travel well. This underscores the importance of comparative research for building and testing robust general theories.

     
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    Weitere Identifier:
    hdl: 10419/247248
    Schriftenreihe: LIS working paper series ; no. 814
    Schlagworte: technological change; employment change; polarization; occupational upgrading; routine-bias; occupational wage
    Umfang: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  11. Managing growth in a volatile world
    Erschienen: June 2012
    Verlag:  The World Bank, Washington, DC

    The year began on a positive note. A marked improvement in market sentiment, combined with monetary policy easing in developing countries, was reflected in a rebound in economic activity in both developing and advanced countries. Industrial... mehr

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    The year began on a positive note. A marked improvement in market sentiment, combined with monetary policy easing in developing countries, was reflected in a rebound in economic activity in both developing and advanced countries. Industrial production, trade and capital goods sales all returned to positive territory, following the slow growth of the fourth quarter of 2011. Although debt levels in developing countries are lower, several countries (notably Jordan, India, and Pakistan) must reduce their structural fiscal balances to reduce debt to 40 percent of Gross domestic Product (GDP) by 2020 (or prevent debt-to-GDP ratios from rising further). As a result, sharp swings in investor sentiment and financial conditions will continue to complicate the conduct of macroeconomic policy in developing countries. In these conditions, policy in developing countries needs to be less reactive to short-term changes in external conditions, and more responsive to medium-term domestic considerations. A return to more neutral macroeconomic policies would also help developing countries reduce their vulnerabilities to external shocks, by rebuilding fiscal space, reducing short-term debt exposures and recreating the kinds of buffers that allowed them to react so resiliently to the 2008/09 crisis.

     
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    Quelle: Staatsbibliothek zu Berlin
    Sprache: Englisch
    Medientyp: Buch (Monographie)
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    Weitere Identifier:
    hdl: 10986/12106
    Schriftenreihe: Global economic prospects ; volume 5 (June 2012)
    Schlagworte: Wirtschaftslage; Welt; Global Economic Prospects; accounting; arbitrage; assets; bailout; bank lending; Bank Loans; banking systems; basis points; binding constraint; bond; bond issuance; Bond Issues; bond spreads; Bond Yields; bonds; borrowing costs; budget constraint; buffers; business confidence; capacity constraints; capital constraints; capital goods; capital inflows; capital markets; Capital outflows; capital requirements; capitalization; CDS; central bank; Commodities; commodity; commodity markets; commodity price; commodity prices; commodity traders; consumer demand; consumer goods; consumer spending; Copyright Clearance; Copyright Clearance Center; country capital; country debt; country Equity; Credit Default; Credit Default Swap; credit squeeze; credit squeezes; crisis countries; Current account balance; current account balances; current account deficit; current account deficits; debt; Debt data; debt flows; debt levels; debt obligations; debt restructuring; debt stocks; debts; decline in investment; deposits; developing countries; developing country; Developing country Equity; developing economies; developing economy; domestic markets; downside scenario; durable; durables; Economic developments; Emerging Markets; Emerging-market; Equities; equity issuance; Equity Issues; Equity market; Equity markets; exchange rate; Exchange Rates; expenditure; expenditures; export growth; export value Interest Rates; exporter; exporters; exposures; external shocks; financial crises; financial crisis; financial institutions; financial integration; financial market; financial markets; financial sector; financial sector developments; financial sectors; financial systems; financing requirements; fiscal consolidation; fiscal deficits; fiscal policies; fiscal policy; food price; food prices; foreign banks; foreign currency; Global Economy; global finance; global financial markets; global financial systems; global output; global trade; Government account; government accounts; Government budget; government debt; government deficit; government deficits; government expenditure; government expenditures; government revenue; government revenues; government spending; Gross debt; growth rate; growth rates; High-Income Countries; high-income country; household savings; human capital; import; import demand; Income; income growth; incomes; Inflation; inflation rates; inflationary pressures; interest rates; International Bank; international business; International capital; International capital flows; international financial institutions; international financial markets; international reserves; International Settlements; International Trade; investing; investment activity; investment spending; lenders; level of risk; loan; local currency; low-income countries; macroeconomic policies; macroeconomic policy; Macroeconomic vulnerabilities; market conditions; market price; market prices; Market regulators; maturity; middle-income countries; Monetary Fund; monetary policies; monetary policy; natural disasters; Net capital; oil commodities; oil price; oil prices; Output; Output Gap; output gaps; political stability; political uncertainty; Portfolio; portfolio capital; post-crisis period; power parity; private banks; Private creditors; Private debt; private inflows; public spending; purchasing power; purchasing power parity; rate of growth; real interest; real interest rates; Regional trade; regulators; remittances; reserve; return; risk assessments; risk aversion; savings; savings rate; short-term debt; small countries; sovereign debt; stock markets; sustainable growth; technological change; trade deficit; trade finance; trading; transition countries; Treasury; Treasury Yields; value index; volatile capital; volatility; weights; withdrawal; world economy; World Trade
    Umfang: 1 Online-Ressource (circa 162 Seiten), Illustrationen
  12. Assuring growth over the medium term
    Erschienen: January 2013
    Verlag:  The World Bank, Washington, DC

    More than four years after the global financial crisis hit, high-income countries struggle to restructure their economies and regain fiscal sustainability. Developing countries, where growth is 1-2 percentage points below what it was during the... mehr

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    More than four years after the global financial crisis hit, high-income countries struggle to restructure their economies and regain fiscal sustainability. Developing countries, where growth is 1-2 percentage points below what it was during the pre-crisis period, have been affected by the weakness in high-income countries. To regain pre-crisis growth rates, they will need to focus on productivity-enhancing domestic policies rather than demand stimulus. Although the major risks to the global economy are similar to those of a year ago, the likelihood that they will materialize has diminished, as has the magnitude of estimated impacts should these events occur. Major downside risks include the loss of access to capital markets by vulnerable Euro Area countries, lack of agreement on U.S. fiscal policy and the debt ceiling, and commodity price shocks. In an environment of slow growth and continued volatility, a steady hand is required in developing countries to avoid pro-cyclical policy and to rebuild macroeconomic buffers so that authorities can react in the case of new external or domestic shocks.

     
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    Quelle: Staatsbibliothek zu Berlin
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9780821398821
    Weitere Identifier:
    hdl: 10986/12124
    Schriftenreihe: Global economic prospects ; volume 6 (January 2013)
    Schlagworte: Wirtschaftswachstum; Produktivitätsentwicklung; Entwicklungsländer; Global Economic Prospects; accounting; arbitrage; assets; bailout; bank lending; Bank Loans; banking systems; basis points; binding constraint; bond; bond issuance; Bond Issues; bond spreads; Bond Yields; bonds; borrowing costs; budget constraint; buffers; business confidence; capacity constraints; capital constraints; capital goods; capital inflows; capital markets; Capital outflows; capital requirements; capitalization; CDS; central bank; Commodities; commodity; commodity markets; commodity price; commodity prices; commodity traders; consumer demand; consumer goods; consumer spending; Copyright Clearance; Copyright Clearance Center; country capital; country debt; country Equity; Credit Default; Credit Default Swap; credit squeeze; credit squeezes; crisis countries; Current account balance; current account balances; current account deficit; current account deficits; debt; Debt data; debt flows; debt levels; debt obligations; debt restructuring; debt stocks; debts; decline in investment; deposits; developing countries; developing country; Developing country Equity; developing economies; developing economy; domestic markets; downside scenario; durable; durables; Economic developments; Emerging Markets; Emerging-market; Equities; equity issuance; Equity Issues; Equity market; Equity markets; exchange rate; Exchange Rates; expenditure; expenditures; export growth; export value Interest Rates; exporter; exporters; exposures; external shocks; financial crises; financial crisis; financial institutions; financial integration; financial market; financial markets; financial sector; financial sector developments; financial sectors; financial systems; financing requirements; fiscal consolidation; fiscal deficits; fiscal policies; fiscal policy; food price; food prices; foreign banks; foreign currency; Global Economy; global finance; global financial markets; global financial systems; global output; global trade; Government account; government accounts; Government budget; government debt; government deficit; government deficits; government expenditure; government expenditures; government revenue; government revenues; government spending; Gross debt; growth rate; growth rates; High-Income Countries; high-income country; household savings; human capital; import; import demand; Income; income growth; incomes; Inflation; inflation rates; inflationary pressures; interest rates; International Bank; international business; International capital; International capital flows; international financial institutions; international financial markets; international reserves; International Settlements; International Trade; investing; investment activity; investment spending; lenders; level of risk; loan; local currency; low-income countries; macroeconomic policies; macroeconomic policy; Macroeconomic vulnerabilities; market conditions; market price; market prices; Market regulators; maturity; middle-income countries; Monetary Fund; monetary policies; monetary policy; natural disasters; Net capital; oil commodities; oil price; oil prices; Output; Output Gap; output gaps; political stability; political uncertainty; Portfolio; portfolio capital; post-crisis period; power parity; private banks; Private creditors; Private debt; private inflows; public spending; purchasing power; purchasing power parity; rate of growth; real interest; real interest rates; Regional trade; regulators; remittances; reserve; return; risk assessments; risk aversion; savings; savings rate; short-term debt; small countries; sovereign debt; stock markets; sustainable growth; technological change; trade deficit; trade finance; trading; transition countries; Treasury; Treasury Yields; value index; volatile capital; volatility; weights; withdrawal; world economy; World Trade
    Umfang: 1 Online-Ressource (circa 178 Seiten), Illustrationen
  13. Technological Change in Agriculture, Health & Education of Rural Women
    A Study of Tripura
    Autor*in: Saha, Ruma
    Erschienen: 2013
    Verlag:  LAP LAMBERT Academic Publishing, Saarbrücken

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    Sprache: Englisch
    Medientyp: Ebook
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    ISBN: 9783659381508; 3659381500
    Weitere Identifier:
    9783659381508
    Auflage/Ausgabe: 1. Aufl.
    Weitere Schlagworte: (Produktform)Electronic book text; health; women; agriculture; Education; Tripura; technological change; (VLB-WN)1726: Soziologie/Frauenforschung, Geschlechterforschung
    Umfang: Online-Ressource
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  14. Technology and economic performance in the German economy
    Autor*in: Siebert, Horst; Stolpe, Michael
    Erschienen: 2001
    Verlag:  Kiel Institute for the World Economy (IfW), Kiel

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  15. Inequality of earnings
    Autor*in: Snower, Dennis J.
    Erschienen: 1999
    Verlag:  Centre for Economic Policy Research (CEPR), London ; Kiel Institute for the World Economy (IfW), Kiel

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  16. Is the demand-pull driver equally crucial for product vs process innovation?
    Autor*in: Dawid, Herbert; Pellegrino, Gabriele; Vivarelli, Marco
    Erschienen: 2017
    Verlag:  Maastricht Economic and Social Research Institute on Innovation and Technology (UNU‐MERIT), Maastricht, The Netherlands

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    Format: Online
    Schriftenreihe: Working paper series / United Nations University, UNU-MERIT ; #2017, 035
    Schlagworte: technological change; R&D; demand-pull innovation; dynamic two tobit
    Umfang: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  17. Does future PC use determine our wages today?
    evidence from German panel data
    Autor*in: Anger, Silke; Schwarze, Johannes
    Erschienen: 2002
    Verlag:  Sonderforschungsbereich 373, Berlin

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    RVK Klassifikation: QV 000 ; QV 000
    DDC Klassifikation: Sozialwissenschaften (300); Wirtschaft (330)
    Schriftenreihe: Discussion paper / Humboldt-Universität zu Berlin, Sonderforschungsbereich 373 Quantifikation und Simulation Ökonomischer Prozesse ; 2002,13
    Schlagworte: Lohnstruktur; Medienkonsum; Bildungsertrag; Schätzung; Personal Computer
    Weitere Schlagworte: (stw)Lohnstruktur; (stw)Mediennutzung; (stw)Bildungsertrag; (stw)Schätzung; (stw)Deutschland; (stw)Personal Computer; Computer wage premium; future computer usage; unobserved ability; technological change; Online-Publikation; Arbeitspapier; Arbeitspapier; Graue Literatur
    Umfang: 18 S., 21 cm
  18. Factor substitution and factor augmenting technical progress in the US
    a normalized supply-side system approach
    Autor*in: Klump, Rainer; McAdam, Peter; Willman, Alpo
    Erschienen: 2004
    Verlag:  Europ. Central Bank, Frankfurt am Main

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    Sprache: Englisch
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    Format: Druck
    RVK Klassifikation: QM 430
    Schriftenreihe: Working paper series / European Central Bank ; Eurosystem ; No. 367
    Schlagworte: Faktorsubstitution; Technischer Fortschritt; CES-Funktion; Substitutionselastizität; :z Geschichte 1953-1998; Faktorsubstitution; Technischer Fortschritt; CES-Funktion; Substitutionselastizität; Geschichte 1953-1998
    Weitere Schlagworte: (stw)1953-1998; (stw)Faktorsubstitution; (stw)Technischer Fortschritt; (stw)CES-Produktionsfunktion; (stw)Substitutionselastizität; (stw)USA; Capital-labor substitution; technological change; factor shares; normalized CES function; supply-side system; United States; Arbeitspapier; Graue Literatur
    Umfang: 61 S., graph. Darst., 30 cm
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    Literaturverz. S. 23 - 25. - Auch im Internet unter der Adresse www.ecb.int und ssrn.com/abstract_id=533127 verfügbar
  19. Structural transformations and cumulative causation towards an evolutionary micro-foundation of the Kaldorian growth model
    Autor*in: Lorentz, André; Ciarli, Tommaso; Savona, Maria; Valente, Marco
    Erschienen: 10 January 2022
    Verlag:  Maastricht Economic and Social Research Institute on Innovation and Technology (UNU-MERIT), Maastricht, The Netherlands

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    Schriftenreihe: Working paper series / United Nations University, UNU-MERIT ; #2022, 001
    Schlagworte: Structural change; economic growth; final consumption; technological change; cumulative causation; evolutionary economics; Kaldor-Verdoorn Law
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  20. The distribution of the gender wage gap
    an equilibrium model
    Autor*in: Bhalotra, Sonia; Fernández, Manuel; Wang, Fan
    Erschienen: [2022]
    Verlag:  University of Warwick, Department of Economics, Coventry, United Kingdom

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    Schriftenreihe: Warwick economics research papers ; no: 1404 (April 2022)
    Schlagworte: Female labor force participation; gender wage gap; technological change; supply-demand framework; task-based approach; wage distribution; wage inequality
    Umfang: 1 Online-Ressource (circa 111 Seiten), Illustrationen
  21. The impact of robots on labour market transitions in Europe
    Autor*in: Bachmann, Ronald; Gonschor, Myrielle; Lewandowski, Piotr; Mandoń, Karol
    Erschienen: May 2022
    Verlag:  Heinrich-Heine-University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE), Düsseldorf, Germany

    We study the effects of robot exposure on worker flows in 16 European countries. Overall, we find small negative effects on job separations and small positive effects on job findings. Labour costs are shown to be a major driver of cross-country... mehr

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    We study the effects of robot exposure on worker flows in 16 European countries. Overall, we find small negative effects on job separations and small positive effects on job findings. Labour costs are shown to be a major driver of cross-country differences: the effects of robot exposure are generally larger in absolute terms in countries with low or average levels of labour costs than in countries with high levels of labour costs. These effects were particularly pronounced for workers in occupations intensive in routine manual or routine cognitive tasks, but were insignificant in occupations intensive in non-routine cognitive tasks. For young and old workers in countries with lower labour costs, robot exposure had a beneficial effect on transitions. Our results imply that robot adoption increased employment and reduced unemployment most in the European countries with low or average levels of labour costs.

     
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    ISBN: 9783863043872
    Weitere Identifier:
    hdl: 10419/253686
    Schriftenreihe: Discussion paper / Düsseldorf Institute for Competition Economics (DICE) ; no 388
    Schlagworte: robots; technological change; tasks; labour market effects; Europe
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  22. Disruptive innovation and spatial inequality
    Autor*in: Kemeny, Tom; Petralia, Sergio; Storper, Michael
    Erschienen: [2022]
    Verlag:  Utrecht University, Human Geography and Planning, [Utrecht]

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    Schriftenreihe: Papers in evolutionary economic geography ; # 22, 11
    Schlagworte: technological change; regional development; industrial revolutions; innovation; inequality
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  23. Skills and employment transitions in Brazil
    Autor*in: Adamczyk, Willian; Ehrl, Philipp; Monasteiro, Leonardo
    Erschienen: [2022]
    Verlag:  International Labour Organization, Geneva, Switzerland

    This paper analyses employment transitions and workers' skills in Brazil using a random sample from the universe of formal labour contracts covering the period from 2003 to 2018. We develop a novel procedure to derive a measure of occupational... mehr

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    Max-Planck-Institut für ausländisches öffentliches Recht und Völkerrecht, Bibliothek
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    This paper analyses employment transitions and workers' skills in Brazil using a random sample from the universe of formal labour contracts covering the period from 2003 to 2018. We develop a novel procedure to derive a measure of occupational distance and internationally comparable skill measures from occupations' task descriptions in the country under analysis based on machine learning and natural language processing methods, but without usual ad hoc classifications. Our findings confirm that workers who use non-routine cognitive skills intensively experience the highest employment growth rates and wages. Their labour market exit risk is relatively low, occupational and sectoral changes are least common and, in the case of occupational switching, non-routine cognitive workers tend to find occupations that are higher-paid and closer in terms of their task content. Against the same characteristics, routine and non-routine manual workers are worse off in the labour market. Overall, there have been signs of routine-biased technological change and employment polarization since the 2014 Brazilian economic crisis.

     
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    ISBN: 9789220371657; 9789220371664; 9789220371671; 9789220371688
    Weitere Identifier:
    hdl: 10419/263127
    Schriftenreihe: ILO working paper / International Labour Organization ; 65 (June 2022)
    Schlagworte: employment; labour force participation; remuneration; skills; lifelong learning; inequality; technological change
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  24. Mobile internet, skills and structural transformation in Rwanda
    Autor*in: Caldarola, Bernardo; Grazzi, Marco; Occelli, Martina; Sanfilippo, Marco
    Erschienen: [2022]
    Verlag:  International Labour Organization, Geneva, Switzerland

    This paper examines the relationship between mobile internet, employment and structural transformation in Rwanda. Thanks to its ability to enable access to a wide range of ICT technologies, internet coverage has the potential to affect the dynamics... mehr

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    This paper examines the relationship between mobile internet, employment and structural transformation in Rwanda. Thanks to its ability to enable access to a wide range of ICT technologies, internet coverage has the potential to affect the dynamics and the composition of employment significantly. To demonstrate this, we have combined GSMA network coverage maps with individual-level information from national population censuses and labour force surveys, creating a district-level dataset of Rwanda that covers the period 2002 to 2019. Our results show that an increase in mobile internet coverage affects the labour market in two ways. First, by increasing employment opportunities. Second, by contributing to changes in the composition of the labour market. Education, migration and shifts in demand are all instrumental in explaining our findings.

     
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    ISBN: 9789220369487; 9789220369494; 9789220369500; 9789220369517
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    hdl: 10419/263123
    Schriftenreihe: ILO working paper / International Labour Organization ; 60 (April 2022)
    Schlagworte: labour economics; employment; migrant workers; skilled workers; unskilled workers; skills; economic and social development; information and communication technologies; intermediate technology; technological change
    Umfang: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  25. Finance and the reallocation of scientific, engineering and mathematical talent
    Autor*in: Marin, Giovanni; Vona, Francesco
    Erschienen: July 2022
    Verlag:  Fondazione Eni Enrico Mattei, Milano, Italia

    The US financial sector has become a magnet for the brightest graduates in the science, technology, engineering and mathematical fields (STEM). We provide quantitative bases for this anecdotal fact for the US, over the period 1980-2019 and with a... mehr

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    The US financial sector has become a magnet for the brightest graduates in the science, technology, engineering and mathematical fields (STEM). We provide quantitative bases for this anecdotal fact for the US, over the period 1980-2019 and with a specific focus on the last decade where information on major fields of study is available. First, we show that long-run educational upgrading of finance was biased towards STEM graduates, especially for postgraduates, and accelerated in the last decade. Second, the STEM.upgrading also occurs within finance and business occupations, matching a task reorientation towards mathematics in those occupations. Third, STEM reallocation towards finance is more pronounced among experienced workers peaking at prime age. Fourth, the reallocation of STEM is associated with large wage premia in finance, which are heterogeneous across occupations, age groups, degrees and along the wage distribution. Returns to STEMs are higher than returns to other degrees in finance and become very high in finance and managerial occupations at the top of the distribution, especially for postgraduates.

     
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    hdl: 10419/263905
    Schriftenreihe: Working paper / Fondazione Eni Enrico Mattei ; 2022, 17
    Schlagworte: finance industry; finance occupations; STEM labour markets; reallocation; technological change
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen