scholarly journals Labor Market Dynamics and Technology Adoption: Theory and Empirical Evidence

2011 ◽  
Author(s):  
Alexiadis Stilianos ◽  
Konstantinos Eleftheriou ◽  
Peter Nijkamp
Keyword(s):  
Labor Market ◽  
Technology Adoption ◽  
Empirical Evidence ◽  
Market Dynamics ◽  
Adoption Theory ◽  
Labor Market Dynamics

scholarly journals LABOR MARKET DYNAMICS UNDER TECHNOLOGY SHOCKS: THE ROLE OF SUBSISTENCE CONSUMPTION

2021 ◽  
pp. 1-29
Author(s):  
Sangyup Choi ◽  
Myungkyu Shim
Keyword(s):  
Labor Market ◽  
Business Cycle ◽  
Developing Economies ◽  
Structural Var ◽  
Market Dynamics ◽  
Technology Shocks ◽  
Structural Factors ◽  
Long Run ◽  
Labor Market Dynamics ◽  
Short Run

This paper establishes new stylized facts about labor market dynamics in developing economies, which are distinct from those in advanced economies, and then proposes a simple model to explain them. We first show that the response of hours worked and employment to a technology shock—identified by a structural VAR model with either short-run or long-run restrictions—is substantially smaller in developing economies. We then present compelling empirical evidence that several structural factors related to the relevance of subsistence consumption across countries can jointly account for the relative volatility of employment to output and that of consumption to output. We argue that a standard real business cycle (RBC) model augmented with subsistence consumption can explain the several salient features of business cycle fluctuations in developing economies, especially their distinct labor market dynamics under technology shocks.

Australian labor market dynamics across the ages

2013 ◽  
Vol 35 ◽  
pp. 453-463 ◽  
Author(s):  
Natalia Ponomareva ◽  
Jeffrey Sheen
Keyword(s):  
Labor Market ◽  
Market Dynamics ◽  
Labor Market Dynamics

scholarly journals Labor market dynamics, endogenous growth, and asset prices

2016 ◽  
Vol 143 ◽  
pp. 32-37 ◽  
Author(s):  
Michael Donadelli ◽  
Patrick Grüning
Keyword(s):  
Labor Market ◽  
Endogenous Growth ◽  
Asset Prices ◽  
Market Dynamics ◽  
Labor Market Dynamics
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