Search Results - "Mazeda Gil, Pedro"
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Explaining the Labor Share: Automation Vs Labor Market Institutions
Published in Labour economics (01-04-2022)“…•We propose a simplemodel in which heterogeneous firmsmay choose either amanual technology and hire a worker subject to matching frictions or an automated…”
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Endogenous Growth and Real Effects of Monetary Policy: R&D and Physical Capital Complementarities
Published in Journal of money, credit and banking (01-08-2020)“…We study the real long‐run effects of the structural stance of monetary policy and of inflation, in the context of a monetary growth model where R&D is…”
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3
Looking ahead at the effects of automation in an economy with matching frictions
Published in Journal of economic dynamics & control (01-11-2022)“…We look at how advances in AI and Robotics will affect employment in an economy with matching frictions and endogenous job destruction. In the model, tasks can…”
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Rich transitional dynamics, physical capital, and technology intensity
Published in Oxford economic papers (01-07-2017)“…This paper develops a non-scale growth model with physical capital and two types of R&D under a lab-equipment specification, where both the intensive and…”
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Could immigration explain wage inequality in a skill-biased technological model?
Published in Empirica (01-08-2016)“…The aim of this paper is to evaluate how immigration of high-skilled workers affects the technological-knowledge bias and, in turn, the skill premium in the…”
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Technological-knowledge dynamics in lab-equipment models of quality ladders
Published in Applied economics letters (01-03-2011)“…The Perpetual Inventory Model (PIM) assumes that, in each period, an arbitrary constant fraction of technological-knowledge stock is lost. We give a…”
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A model of firm behaviour with bankruptey costs and imperfectly informed lenders
Published in Notas económicas (22-09-2016)“…Based on Greenwald and Stiglitz (1988, 1990), this work explores a simple model of microeconomic behaviour that incorporates the impact of asymmetric…”
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Territorial comparative advantage, wage inequality, and monetary policy in the global world
Published in Journal of international money and finance (01-05-2024)“…We analyze the effects of trade under relocations from an innovator to a follower region in a context with region-specific monetary policy and long-run…”
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Economic growth, the high-tech sector, and the high skilled: Theory and quantitative implications
Published in Structural change and economic dynamics (01-12-2019)“…•Europe's “2020 Strategy” stresses the role of high-tech sectors and high-skilled workers.•The relationship between growth, technology and skills is…”
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Is the skills mismatch important under skill-biased technological change and imperfect substitutability between immigrants and natives?
Published in Economic modelling (01-01-2020)“…This paper contributes to the debate on the benefits and costs of immigration, by evaluating how the mismatch between educational attainment and occupations…”
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Economic growth and innovation complexity: An empirical estimation of a Hidden Markov Model
Published in Economic modelling (01-05-2021)“…Over the past decades, research effort in high income countries has substantially increased. Meanwhile, the growth rates of per capita output have been rather…”
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Endogenous growth and monetary policy: How do interest-rate feedback rules shape nominal and real transitional dynamics?
Published in Journal of international money and finance (01-11-2023)“…Monetary authorities have followed interest-rate feedback rules in apparently different ways over time and across countries, with the literature…”
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13
Endogenous growth and entropy
Published in Journal of economic behavior & organization (01-10-2018)“…•We devise a model of long-run economic change building on the concept of entropy.•Evidence supports entropy as a first-principle ‘operator’ of the complexity…”
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Effects of North–South trade on wage inequality and on human-capital accumulation
Published in Economic modelling (01-09-2013)“…This paper develops an endogenous growth model with technological knowledge directed towards high- versus low-skilled labour, augmented with North–South…”
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15
Inflation, complexity and endogenous growth
Published in Applied economics (15-05-2021)“…In this article, we argue that inflation increases complexity pertaining to knowledge production (or R&D). Then, we expand a recently developed complexity…”
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Firm size distribution under horizontal and vertical innovation
Published in Journal of evolutionary economics (2013)“…This paper studies the firm size distribution arising from an endogenous growth model of quality ladders with expanding variety. The probability distribution…”
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Animal spirits and the composition of innovation in a lab-equipment R&D model with transition
Published in Journal of economics (Vienna, Austria) (01-01-2013)“…We study the effect of animal spirits on the composition of aggregate R&D, the consumption level and economic growth in a tournament model of horizontal and…”
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Animal spirits and the composition of innovation in a lab-equipment RandD model with transition
Published in Journal of economics (Vienna, Austria) (01-01-2013)“…We study the effect of animal spirits on the composition of aggregate RandD, the consumption level and economic growth in a tournament model of horizontal and…”
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Technology structure and skill structure: Costly investment and complementarity effects quantification
Published in Journal of macroeconomics (01-06-2014)“…•We develop and estimate an extended model of endogenous directed technical change.•Our estimation exercise suggests the existence of moderate gross…”
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Investment under uncertainty: The nature of demand shocks and the expected profitability of capital
Published in Economics letters (01-02-2012)“…This paper analyses the disparity regarding the sign of the investment–uncertainty relationship in models of investment under symmetric adjustment costs. That…”
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