Bart Hobijn

TL;DR: In this article, a detailed examination of the magnitude, determinants, and implications of the U.S. labor share decline is presented, concluding that about a third of the published labor share appears to be an artifact of statistical procedures used to impute the labor income of the self-employed that underlies the headline measure.

TL;DR: In this article, the authors conclude that the problems facing the U.S. labor market are unlikely to be as severe as the European unemployment problem of the 1980s and suggest that the extension of Emergency Unemployment Compensation may have led to a modest increase in unemployment.

TL;DR: In this article, the authors developed and estimated a model where technology diffusion depends on the level of productivity embodied in capital and where this is, in turn, determined by two key mechanisms: the rate at which the quality embodied in new technology vintages increases (embodiment) and the gains from varieties induced by the introduction of new Vintages (variety).

TL;DR: This paper examined the diffusion of more than 20 technologies across 23 of the world's leading industrial economies and found that the most important determinants of the speed at which a country adopts technologies are the country's human capital endowment, type of government, degree of openness to trade, and adoption of predecessor technologies.

TL;DR: In this article, the authors provide comparable estimates for the rates of in-ow to and out-of-work from unemployment for fourteen OECD economies using publicly available data and devise a method to decompose changes in unemployment into contributions accounted for by changes in in −ow and out −ow rates for cases where unemployment deviates from its steady state, as it does in many countries.