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The effects of skill-biased technical change on productivity flattening and hours worked

Christian Hutter and Enzo Weber

No 201732, IAB Discussion Paper from Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]

Abstract: "In a structural macroeconometric analysis based on comprehensive micro data, we examine the role of skill-biased technical change for the flattening of productivity growth and effects on hours worked. The results show that more than 60 percent of the slowdown in productivity growth in Germany since the early 2000s can be explained by the SBTC development. Furthermore, skill-biased technology shocks reduce hours worked, while skill-neutral technology shocks have a positive effect in the long run." (Author's abstract, IAB-Doku) ((en))

Keywords: technischer Wandel - Auswirkungen; Produktivitätseffekte; Produktivitätsentwicklung; Wachstumsverlangsamung; Arbeitsvolumen; Arbeitszeitentwicklung; qualifikationsspezifische Faktoren; IAB-Arbeitszeitrechnung; Beschäftigungseffekte (search for similar items in EconPapers)
JEL-codes: C32 E24 J24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff, nep-eur, nep-ino, nep-mac and nep-tid
Date: 2017-11-16
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