18 results with keyword: 'universal basic income and skill biased technological change'
The main result gathered from the above-mentioned experiment is that an UBI implementation with the right level of labor tax and lump-sum transfer would be optimal as a way
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Our finding that the skill premium decreases in response to investment- specific shocks, and the relative price of investment goods increases in re- sponse to skill-biased
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Based on data collected from the Vietnam Household Living Standards Survey from 2004 to 2014, this thesis measures the skill-biased technological change in Vietnam by measuring
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Figure 2 shows the responses of the skill premium, relative hours worked of skilled workers, labor productivity and total hours worked per capita to skill-biased and other
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Theories regarding the impact of globalisation or skill-biased technological change on income inequality, focus on the effects of economic change on relative
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Moreover, the observed links between the skill ratio and skill-specific labor market outcomes affect the relationship between the skill ratio and emigration rates of the skilled
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From this, it follows that for an increase in the reallocation of labor to the high- skilled (low-skilled) intermediate sector, the growth rate of the skill premium strictly
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Decreasing the level of UBI allows the government to reduce labor taxes, which increases aggregate labor supply and aggregate savings, resulting in higher capital accumulation
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The role of product diversification in skill-biased technological change. Nam,
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4 The H-O model has been criticized, as its property of perfectly elastic labor demand curves is inconsistent with evidence that labor supply affects wages (Freeman (1995)). One way
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The interaction term measures the eect of an increase in R&D expenditure for graduates only and thus estimates the wage premium dierential for additional R&D expenditure
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economy since 1980 to 2010, such as: (i) rising skill premium; (ii) increase in income and wealth Gini coefficient; (iii) decrease in the wealth share owned by the bottom 90%
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For the analysis of this paper, information from the employment statistics on wages and on the number of employees in each skill group (unskilled, medium skilled and highly
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Estimation of crime regressions using state panels demonstrates that a decrease in unskilled workers’ real weekly earnings, induced by skilled-biased technological change, has
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Anticipating the discussion of an integrated equilibrium for developed countries below, the pattern of wages and employment in Table II is consistent with a trend increase in
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The contribution of the routinisation thesis is the awareness that not all low skill jobs are of this nature so that technological and organisational change may well create
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For the analysis of this paper, information from the employment statistics on wages and on the number of employees in each skill group (unskilled, medium skilled and highly skilled)
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