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century or more; only later did productivity gains bring declining employment. What changed? The elasticity of demand. Using … growth because demand was highly elastic. But demand later became satiated, leading to job losses. A simple model explains …
Persistent link: https://www.econbiz.de/10012902140
industries experiencing rapid technological change. What changed? Demand was highly elastic at first and then became inelastic …. The effect of artificial intelligence on jobs will similarly depend critically on the nature of demand. This paper … presents a simple model of demand that accurately predicts the rise and fall of employment in the textile, steel and automotive …
Persistent link: https://www.econbiz.de/10012929546
industries experiencing rapid technological change. What changed? Demand was highly elastic at first and then became inelastic …. The effect of artificial intelligence on jobs will similarly depend critically on the nature of demand. This paper … presents a simple model of demand that accurately predicts the rise and fall of employment in the textile, steel and automotive …
Persistent link: https://www.econbiz.de/10012453478
In this paper, we redefine the concept of job demand and specify its four properties, namely, timeframe, quantity, pace … and quality of job demand. We also clarify job demand observation and job demand perception as two distinct types of … subjective job demand. Then, we discuss the process that links these concepts. We argue that job demand perception reflects the …
Persistent link: https://www.econbiz.de/10013137335
, albeit causing short-term deviations of labor demand behavior across countries, leave the long-run structure of the labor …
Persistent link: https://www.econbiz.de/10011493666
für eine zunehmende Nachfrage nach flexiblem Arbeitskräfteeinsatz, jedoch bleiben, wie auch bei der Telearbeit … market of temporary work in Germany is a clear sign of an increasing demand on flexible manpower use. Nevertheless, growth …
Persistent link: https://www.econbiz.de/10011476242
This paper considers the labor market and distributional implications of a scenario of ever-more-intelligent autonomous machines that substitute for human labor and drive down wages. We lay out three concerns arising from such a scenario and evaluate recent predictions and objections to these...
Persistent link: https://www.econbiz.de/10013334391
Persistent link: https://www.econbiz.de/10001744802
The paper presents a two-period "nutshell" model that explains the composition of labour demand when the labour market … of labor demand, nor the wage of permanent workers, assumed to be exogenous. This is the main difference with the more …
Persistent link: https://www.econbiz.de/10011978293
2003 and 2018, this paper introduces new stylized facts on how firms’ relative demand for labor and capital evolved as …
Persistent link: https://www.econbiz.de/10012308878