137 records from EconBiz based on author Name

1. Highly skilled international migration, STEM workers, and innovation

abstract

This article studies the implications of highly skilled labor international migration in a two-country dynamic stochastic general equilibrium model. The model considers three types of workers: Science, Technology, Engineering, or Mathematics (STEM) workers, non-STEM college educated workers, and non-college educated workers. Aggregate productivity in each economy is a function of innovations, which can be produced only by STEM workers. The model predicts (i) the existence of a wage premium of STEM workers relative to non-STEM college educated workers, (ii) the skill wage premium is higher in the destination country and increases with positive technological shocks, (iii) a reduction in migration costs increases output, wages, and total labor in the destination country, with opposite effects in the country of origin, and (iv) high skilled immigrants reduce skilled native labor and do not affect unskilled labor. Finally, a migration policy designed to attract STEM workers generates similar effects to a positive aggregate productivity shock.

Bongers, Anelí; Díaz Roldán, Carmen; Torres, José L.;
2022
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link Link

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2. Efficiency and welfare effects of fiscal policy in emerging economies : the case of Morocco

El Khalifi, Ahmed; Ouakil, Hicham; Torres, José L.;
2024
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link

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3. Star Wars : anti-satellite weapons and orbital debris

Bongers, Anelí; Torres, José L.;
2024
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link

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4. Government size and automation

Casas, Pablo; Torres, José L.;
2024
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link

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5. Labor share and income distribution : size of the cake or the cake portion?

Bongers, Anelí; Molinari, Benedetto; Torres, José L.;
2021
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link

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6. A dynamic investment model for satellites and orbital debris

Bongers, Anelí; Torres, José L.;
2021
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link

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7. Orbital Debris and the Market for Satellites

abstract

This paper studies the economic consequences of orbital debris for commercial outer-space activities. Spacecraft launches and other outer-space human activities produce pollution (i.e., orbital debris), which represent a hazardous negative externality increasing the risk of collision and the destruction of satellites. We regard outer space as a global common resource, where firms operating satellites maximize profits and do not internalize the social cost of orbital pollution. We develop a dynamic investment model for satellites and simulate the calibrated model to estimate how debris affects the optimal quantity of satellites and launches, and the number of satellites destroyed by collisions. We find that the optimal quantity of satellites is a negative function of the amount of debris. The paper derives a simple expression for the maximum number of satellites to prevent the Kessler syndrome. For the baseline calibration of the model, the estimated threshold for the maximum number of satellites in orbit is about 72,000. The model is simulated to study the effects of a decline in the launch cost and the increasing number of satellites per launch

Torres, José L.; Bongers, Anelí;
2022
Availability: Link Link

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8. Automation, automatic capital returns, and the functional income distribution

Casas, Pablo; Torres, José L.;
2023
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link Link

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9. Orbital debris and the market for satellites

Bongers, Anelí; Torres, José L.;
2023
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link
Citations: 3 (based on OpenCitations) Cited By

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10. Social security contributions distribution and economic activity

Torres, José L.;
2020
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link Link

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