Unfortunately we have to cancel today’s talk of Zófia Bárány! We will send you a new date soon.
Best regards, Julia
Julia Hutter
TU Wien
Institute of Statistics and Mathematical Methods in Economics
Economics E105-3
Phone: +43-1-58801x10531
E-Mail: julia.hutter@tuwien.ac.at
From: Hutter, Julia
Sent: Tuesday, December 6, 2022 2:57 PM
To: 'noeg-l@wu.ac.at' <noeg-l@wu.ac.at>
Subject: Theory & Policy Talk, Z. Bárány, December 15, 2022
Dear all,
we want to invite you to our next ECON Theory and Policy Seminar talk on
Thursday, December 15, 5:00 pm (Seminarroom DB04 yellow, Freihaus Building, yellow area, 4th floor)
Technological changes and the labor market – A general equilibrium model with multidimensional skills
Zsófia
L. Bárány (CEU)
https://sites.google.com/site/zsofiabarany/
(joint work with Moshe Buchinsky and Tamás K. Papp)
In this paper we develop and estimate a multi-sector general equilibrium growth model of education and sector-occupation choices over the life cycle. The model incorporates the task-based approach by representing jobs in different
sector-occupation pairs as different bundles of tasks, requiring specific skillsets of workers. Workers are born with heterogeneous endowments of skills that can be improved over time by schooling and on-the-job accumulation of human capital. They supply their
entire bundle of skills to a single job according toa Roy-type sorting model where their selections are along the multi-dimensional vector of skills that they possess. We use data from several U.S. sources that allow us to estimate parameters that correspond
to both the decision process of the individuals as well as the parameters that correspond to the production side of the economy. The general equilibrium nature of the model allows us to conduct several policy counterfactuals that take full account of the responses
in the economy.
Further Events: https://www.econ.tuwien.ac.at/index.html#events
Best regards,
Julia Hutter
for Alexia Fürnkranz-Prskawetz
Julia Hutter
TU Wien
Institute of Statistics and Mathematical Methods in Economics
Economics E105-3
Phone: +43-1-58801x10531
E-Mail: julia.hutter@tuwien.ac.at