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Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector
Welfens, Paul J. J. - 2015
capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010531693
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Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector
Welfens, Paul J. J. - Institute for the Study of Labor (IZA) - 2015
capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10011265664
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Understanding Urban Wage Inequality in China 1988-2008: Evidence from Quantile Analysis
Appleton, Simon; Song, Lina; Xia, Qingjie - Institute for the Study of Labor (IZA) - 2012
This paper examines change in wage gaps in urban China by estimating quantile regressions on CHIPS data. It applies the Machado and Mata (2005) decomposition, finding sharp increases in inequality from 1988 to 1995 and from 2002 to 2008 largely due to changes in the wage structure. The analysis...
Persistent link: https://www.econbiz.de/10010604099
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Explaining rising returns to education in urban China in the 1990s
Liu, Xuejun; Park, Albert; Zhao, Yaohui - 2010
Although theory predicts that international trade will decrease the relative demand for skilled workers in relatively skill-deficit countries, in recent decades many developing countries have experienced rising wage premiums for skilled workers. We examines this puzzle by quantifying the...
Persistent link: https://www.econbiz.de/10010269848
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Understanding urban wage inequality in China 1988 - 2008: Evidence from quantile analysis
Appleton, Simon; Song, Lina; Xia, Qingjie - 2012
This paper examines change in wage gaps in urban China by estimating quantile regressions on CHIPS data. It applies the Machado and Mata (2005) decomposition, finding sharp increases in inequality from 1988 to 1995 and from 2002 to 2008 largely due to changes in the wage structure. The analysis...
Persistent link: https://www.econbiz.de/10010291330
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Explaining Rising Returns to Education in Urban China in the 1990s
Liu, Xuejun; Park, Albert; Zhao, Yaohui - Institute for the Study of Labor (IZA) - 2010
Although theory predicts that international trade will decrease the relative demand for skilled workers in relatively skill-deficit countries, in recent decades many developing countries have experienced rising wage premiums for skilled workers. We examines this puzzle by quantifying the...
Persistent link: https://www.econbiz.de/10008457141
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Are Intellectual Property Rights Unfair?
Saint-Paul, Gilles - 2002
distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …
Persistent link: https://www.econbiz.de/10010262329
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The Race against the Robots and the Fallacy of the Giant Cheesecake: Immediate and Imagined Impacts of Artificial Intelligence
Naudé, Wim - 2019
After a number of AI-winters, AI is back with a boom. There are concerns that it will disrupt society. The immediate concern is whether labor can win a 'race against the robots' and the longer-term concern is whether an artificial general intelligence (super-intelligence) can be controlled. This...
Persistent link: https://www.econbiz.de/10012005919
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The Wrong Kind of AI? Artificial Intelligence and the Future of Labor Demand
Acemoglu, Daron; Restrepo, Pascual - 2019
Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...
Persistent link: https://www.econbiz.de/10012005993
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Technological Innovation and Inclusive Growth in Germany
Naudé, Wim; Nagler, Paula - 2017
Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … technological innovation to raise labor productivity. This paper identifies three reasons why technological innovation has become …
Persistent link: https://www.econbiz.de/10011816466