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Tasks, Automation, and the Rise in US Wage Inequality

Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2021

by the relative wage declines of worker groups specialized in routine tasks in industries experiencing rapid automation … capital. Automation technologies expand the set of tasks performed by capital, displacing certain worker groups from … between 1980 and 2016. Our task displacement variable captures the effects of automation technologies (and to a lesser degree …

Persistent link: https://www.econbiz.de/10012585404

Polanyi's Paradox and the Shape of Employment Growth

Autor, David - 2014

In 1966, the philosopher Michael Polanyi observed, "We can know more than we can tell... The skill of a driver cannot be replaced by a thorough schooling in the theory of the motorcar; the knowledge I have of my own body differs altogether from the knowledge of its physiology." Polanyi's...

Persistent link: https://www.econbiz.de/10012458183

Automation and Rent Dissipation : Implications for Wages, Inequality, and Productivity

Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2024

This paper studies the effects of automation in economies with labor market distortions that generate worker rents …--wages above opportunity cost--in some jobs. We show that automation targets high-rent tasks, dissipating rents and amplifying wage … losses from automation. It also reduces within-group wage dispersion for exposed groups. Automation-driven rent dissipation …

Persistent link: https://www.econbiz.de/10014576564

Automation and Polarization

Acemoglu, Daron; Loebbing, Jonas - National Bureau of Economic Research - 2022

We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either … capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of … intermediate complexity are assigned to capital. Interior automation arises when the most skilled workers have a comparative …

Persistent link: https://www.econbiz.de/10013388884

Automation and Gender : Implications for Occupational Segregation and the Gender Skill Gap

Cortés, Patricia; Feng, Ying; Guida-Johnson, Nicolás; … - National Bureau of Economic Research - 2024

We examine the differential effects of automation on the labor market and educational outcomes of women relative to men … over the past four decades. Although women were disproportionately employed in occupations with a high risk of automation … link by exploiting variation in local labor market exposure to automation attributable to historical differences in local …

Persistent link: https://www.econbiz.de/10014468230

Foreign Corporations and the Culture of Transparency : Evidence from Russian Administrative Data

Braguinsky, Serguey - 2012

Foreign-owned firms from advanced countries carry the culture of transparency in business transactions that is orthogonal to the culture of hiding and insider dealing in many developing economies and economies in transition. In this paper, we document this using administrative data on reported...

Persistent link: https://www.econbiz.de/10012460926

Spillover Effects from Voluntary Employer Minimum Wages

Derenoncourt, Ellora; Noelke, Clemens; Weil, David; … - National Bureau of Economic Research - 2021

Low unionization rates, a falling real federal minimum wage, and outsourcing have hampered wage growth in the low-wage sector in the US. In recent years, a number of private employers have opted to institute or raise company-wide minimum wages for their employees, sometimes in response to public...

Persistent link: https://www.econbiz.de/10012660103

Paying Outsourced Labor : Direct Evidence from Linked Temp Agency-Worker-Client Data

Drenik, Andres - 2020

We estimate how much firms differentiate pay premia between regular and outsourced workers. We study temp agency work arrangements where pay setting has previously escaped measurement because existing datasets do not report links between user firms (the workplaces where temp workers perform...

Persistent link: https://www.econbiz.de/10012482071

Wage Structure, Raises and Mobility : International Comparisons of the Structure of Wages Within and Across Firms

Lazear, Edward P. - 2007

The returns to talent or performance have grown over time in developed countries. Is talent concentrated in a few firms or are firms virtual microcosms of the economy, each having close to identical distributions of talent?

Persistent link: https://www.econbiz.de/10012464985

Wage Structure and Firm Productivity in Belgium

Lallemand, Thierry - 2007

The objective of this paper is twofold. First, we analyse the structure of wages within and between Belgian firms. Next, we examine how the productivity of these firms is influenced by their internal wage dispersion. To do so, we use a large matched employer-employee data set (i.e., a...

Persistent link: https://www.econbiz.de/10012465678