Download or read book The Comparative Advantage of Educated Workers in Implementing New Technology written by Ann Bartel and published by . This book was released on 1985 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we estimate variants of a labor demand equation derived from a (restricted variable) cost function in which "experience"on a technology (proxied by the mean age of the capital stock) enters "non-neutrally." Our specification of the underlying cost function isbased on the hypothesis that highly educated workers have a comparative advantage with respect to the adjustment to and implementation of new technologies. Our empirical results are consistent with the implication of this hypothesis, that the relative demand for educated workers declines as the capital stock (and presumably the technology embodied therein) ages. According to our estimates, the education-distribution of employment depends more strongly on the age of equipment than on the age of plant, and the effect of changes in equipment age on labor demand is magnified in R&D-intensive industries
Download or read book The Comparative Advantage of Educated Workers in Implementing New Techcnology written by Ann P. Bartel and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we estimate variants of a labor demand equation derived from a (restricted variable) cost function in which "experience" on a technology (proxied by the mean age of the capital stock) enters "non-neutrally." Our specification of the underlying cost function is based on the hypothesis that highly educated workers have a comparative advantage with respect to the adjustment to, and implementation of, new technologies. Our empirical results are consistent with the implication of this hypothesis, that the relative demand for educated workers declines as the capital stock (and presumably the technology embodied therein) ages. According to our estimates, the education-distribution of employment depends more strongly on the age of equipment than on the age of plant, and the effect of changes in equipment age on labor demand is magnified in R & D-intensive industries.
Download or read book The Comparative Advantage of Educated Workers in Implementing New Technology written by and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Technical Change Learning and Wages written by Ann Bartel and published by . This book was released on 1988 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the relationship between technological change and wages using pooled cross-sectional industry-level data and several alternative indicators of the rate of introduction of new technology. Our main finding is that industries with a high rate of technical change pay higher wages to workers of given age and education, compared to less technologically advanced industries. This is Consistent with the notion that the introduction of new technology creates a demand for learning, that learning is a function of employee ability and effort, and that increases in wages are required to elicit increases in ability and effort. A related finding is that the wages of highly educated workers (especially recent graduates) relative to those of less educated workers are highest in technologically advanced industries; this is consistent with the notion that educated workers are better learners.
Download or read book Does Education Really Help written by Edward N. Wolff and published by Oxford University Press. This book was released on 2006-04-25 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book challenges the conventional wisdom that greater schooling and skill improvement leads to higher wages, that income inequality falls with wider access to schooling, and that the Information Technology revolution will re-ignite worker pay. Indeed, the econometric results provide no evidence that the growth of skills or educational attainment has any statistically significant relation to earnings growth or that greater equality in schooling has led to a decline in income inequality. Results also indicate that computer investment is negatively related to earnings gains and positively associated with changes in both income inequality and the dispersion of worker skills. The findings reports here have direct relevance to ongoing policy debates on educational reform in the U.S.
Download or read book The Economics of Innovation New Technologies and Structural Change written by Cristiano Antonelli and published by Routledge. This book was released on 2014-04-08 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ongoing process of revising and rethinking the foundations of economic theory leads to great complexities and contradictions at the heart of economics. ‘Economics of innovation’ provides a fertile challenge to standard economics, and one that can help it overcome its many criticisms. This authoritative book from Cristiano Antonelli provides a systematic account of recent advances in the economics of innovation. By integrating this account with the economics of technological change, this exceptional book elaborates an understanding of the effects of the introduction of new technologies. This excellent, comprehensive account from respected expert Antonelli will be much appreciated within the innovation economics community, yet it is also a book that should be read by all those with either a private or professional interest in economic theory.
Download or read book Losing Generations written by National Research Council and published by National Academies Press. This book was released on 1995-02-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: At least 7 million young Americansâ€"fully one-quarter of adolescents 10 to 17 years oldâ€"may be at risk of failing to achieve productive adult lives. They use drugs, engage in unprotected sex, drop out of school, and sometimes commit crimes, effectively closing the door to their own futures. And the costs to society are enormous: school and social services are overwhelmed, and our nation faces the future with a diminished citizenry. This penetrating book argues that the problems of troubled youth cannot be separated from the settings in which those youths liveâ€"settings that have deteriorated significantly in the past two decades. A distinguished panel examines what works and what does not in the effort to support and nurture adolescents and offers models for successful programs. This volume presents an eye-opening look at what millions of the nation's youths confront every day of their lives, addressing: How the decline in economic security for young working parents affects their children's life chances. How dramatic changes in household structure and the possibilities of family and community violence threaten adolescents' development. How the decline of neighborhoods robs children of a safe environment. How adolescents' health needs go unmet in the current system. Losing Generations turns the spotlight on those institutions youths needâ€"the health care system, schools, the criminal justice, and the child welfare and foster home systemsâ€"and how they are functioning. Difficult issues are addressed with study results and insightful analyses: access of poor youths to health insurance coverage, inequities in school funding, how child welfare agencies provide for adolescents in their care, and the high percentage of young black men in the criminal justice system.
Download or read book Higher Education and Economic Growth written by William E. Becker Jr. and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: After decades of effortless growth and prosperity, America's postsecondary institutions of education have come under increasing financial stress and waning public support. In part, this stress reflects a slowdown in the real rate of national economic growth and the loss of federal and state revenues for education generally. It also reflects a trend of state legislatures simply giving higher education an ever lower ranking on the list of funding priorities. Postsecondary educational institutions in the United States will continue to face increasing financial stress and waning public support as critics question the contribution of higher education to economic growth, which historically has been a major rationale for funding. Unless the trends in education financing can be changed, higher edu cation can be expected to stagnate. What, if anything, can be done? As a starting point, advocates of higher education need to more fully recognize the important ways in which higher education influences technological change and also is influenced by that change. As demonstrated by the chapters in this book, higher education is not a neutral or passive player in economic growth. This volume addresses topics related to the role of postsecondary education in national economic development within the United States.
Download or read book College for All written by David Boesel and published by . This book was released on 1999 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Innovation Networks and Knowledge Spillovers written by Manfred M. Fischer and published by Springer Science & Business Media. This book was released on 2006-12-02 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume covers the topic of innovation in three sections, first demonstrating that processes of innovation and technological change are spatially differentiated, second examining the increasing importance of knowledge creation and diffusion, and third raising key issues related to the systems of innovation approach as a conceptual framwork for regional innovation analysis. Includes enlightening conceptual and empirical work on the issue of how knowledge spills over locally.
Download or read book The Economics of Education written by Kazuhiro Arai and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to answer from an economics viewpoint such questions as why some people go to college while others do not, and why the percentages of different types of students going to college have changed so dramatically throughout the world over the past few decades. The information contained is up-to-date, but the contents will be accessible even to those without a major in economics. The author makes many original contributions to the field of economics of education, in particular by giving serious consideration to cases of capital market imperfection. The book is written so that the reader can gain a multi-dimensional and comprehensive understanding of major issues related to college-going behavior. While specialists of this field will find it indispensable, economics students up to postgraduate level can use this volume as a textbook on the economics of education or on applied microeconomics.
Download or read book The American Corporation Today written by Carl Kaysen and published by Oxford University Press, USA. This book was released on 1996 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is the American corporation from every angle - its postwar history, its relation to the law, its financing, its impact on technological innovation, its role as employer and as political force, and much more. The contributors - all of whom are recognized experts in their fields - not only tackle many of the same key areas that the contributors to Mason's classic study looked at, but they also illuminate issues that have only arisen in recent years.
Download or read book Optimal Control of Age structured Populations in Economy Demography and the Environment written by Raouf Boucekkine and published by Routledge. This book was released on 2013-05-13 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers a wide range of topics within mathematical modelling and the optimization of economic, demographic, technological and environmental phenomena. Each chapter is written by experts in their field and represents new advances in modelling theory and practice. These essays are exemplary of the fruitful interaction between theory and practice when exploring global and local changes. The unifying theme of the book is the use of mathematical models and optimization methods to describe age-structured populations in economy, demography, technological change, and the environment. Emphasis is placed on deterministic dynamic models that take age or size structures, delay effects, and non-standard decision variables into account. In addition, the contributions deal with the age structure of assets, resources, and populations under study. Interdisciplinary modelling has enormous potential for discovering new insights in global and regional development. Optimal Control of Age-structured Populations in Economy, Demography, and the Environment is a rich and excellent source of information on state-of-the-art modelling expertise and references. The book provides the necessary mathematical background for readers from different areas, such as applied sciences, management sciences and operations research, which helps guide the development of practical models. As well as this the book also surveys the current practice in applied modelling and looks at new research areas for a general mathematical audience. This book will be of interest primarily to researchers, postgraduate students, as well as a wider scientific community, including those focussing on the subjects of applied mathematics, environmental sciences, economics, demography, management, and operations research.
Download or read book The Eighties written by John Ehrman and published by Yale University Press. This book was released on 2005-01-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: An accessible and balanced account of the eighties tracks the transformation of America in the context of Ronald Reagan's policies and convictions and in terms of the broader global, political, social, economic, and cultural trends that allowed Reagan to accomplish much of his agenda.
Download or read book Knowledge Economy Information Technologies and Growth written by Luigi Paganetto and published by Routledge. This book was released on 2017-11-30 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the Information and Communication (ICT) revolution and its impact on economic growth. Even though the emergence of the knowledge economy is at the center of attention by media and is often a subject of economic policy debate, economic research on the issue is still relatively underdeveloped and many aspects of it are still awaiting proper theoretical and empirical scrutiny. One important question is whether, as many economists and opinion leaders maintain the knowledge economy and the new information technologies have fostered the birth of a 'new economy' which by inducing a strong productivity growth in most sectors, is behind the impressive growth of GDP experienced by the US economy. Empirical research has in fact been unable to provide a conclusive answer to this question. This book debates this issue and provides the opportunity to discuss the economic and social effects of the ICT revolution. It also focuses on the functioning and the micro-economic structure of the ICT sector, as well as on its impact on various industries, on the financial system and on the labor market. It analyses the role of the ICT revolution on regional development and it addresses important policy issues such as its consequences for antitrust legislation and government regulation.
Download or read book Research in Social Stratification and Mobility written by Kevin T Leicht and published by Elsevier. This book was released on 2001-02-13 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text reflects the growing diversity of perspectives, methods and insights currently used in social stratification research. Authors discuss the following broad themes from an international perspective: the changing real and symbolic boundaries of social stratification; who benefits from rapidly changing markets; immigration, marginalization and exclusion; and modelling occupational mobility. The contributions demonstrate the changing nature of social stratification systems in today's global and fragmented economy.
Download or read book The Internet Upheaval written by Ingo Vogelsang and published by MIT Press. This book was released on 2000 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Early 2000 saw the US economy enjoy the longest period of sustained growth and economic prosperity in its history. This book argues that the impact of information technologies, particularly the internet, partly explain this phenomenon and analyzes the reform of telecommunications policy.
