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Import Competition and the Great U.S. Employment Sag of the 2000s
Acemoglu, Daron - 2014
Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing … employment being a prime contributor to the slump. The U.S. employment "sag" of the 2000s is widely recognized but poorly …
Persistent link: https://www.econbiz.de/10012458271
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Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing
Acemoglu, Daron - 2014
, when detectable, result from the even faster declines in employment …
Persistent link: https://www.econbiz.de/10012458826
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Tasks, Automation, and the Rise in US Wage Inequality
Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2021
employment opportunities for which they have comparative advantage. This framework yields a simple equation linking wage changes … offshoring) rather than those of rising market power, markups or deunionization, which themselves do not appear to play a major …
Persistent link: https://www.econbiz.de/10012585404
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Eclipse of Rent-Sharing : The Effects of Managers' Business Education on Wages and the Labor Share in the US and Denmark
Acemoglu, Daron; He, Alex Xi; Le Maire, Daniel - National Bureau of Economic Research - 2022
not on differential trends and do not enjoy higher output, investment, or employment growth thereafter. Using manager …
Persistent link: https://www.econbiz.de/10013172173
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AI and Jobs : Evidence from Online Vacancies
Acemoglu, Daron; Autor, David H.; Hazell, Jonathon; … - National Bureau of Economic Research - 2022 - Revised February 2022
as they expand AI hiring. However, we find no discernible relationship between AI exposure and employment or wage growth …
Persistent link: https://www.econbiz.de/10012482476
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Culture, Institutions and Social Equilibria : A Framework
Acemoglu, Daron; Robinson, James A. - National Bureau of Economic Research - 2021
This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent sociology literature and interpret culture as a \repertoire", which allows rich cultural responses to changes in the environment and shifts in political power. Specifically, we...
Persistent link: https://www.econbiz.de/10012533381
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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...
Persistent link: https://www.econbiz.de/10014576564
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The Rise of Age-Friendly Jobs
Acemoglu, Daron; Mühlbach, Nicolaj Søndergaard; … - National Bureau of Economic Research - 2022
employment in above-average age-friendly occupations has risen by 49 million. However, older workers have not benefited …
Persistent link: https://www.econbiz.de/10013388819
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Automation and the Workforce : A Firm-Level View from the 2019 Annual Business Survey
Acemoglu, Daron; Anderson, Gary; Beede, David Nathan; … - National Bureau of Economic Research - 2022
skilled labor but brought limited or ambiguous effects to their employment levels …
Persistent link: https://www.econbiz.de/10013462707
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Bottlenecks : Sectoral Imbalances and the US Productivity Slowdown
Acemoglu, Daron; Autor, David H.; Patterson, Christina - National Bureau of Economic Research - 2023
Despite the rapid pace of innovation in information and communications technologies (ICT) and electronics, aggregate US productivity growth has been disappointing since the 1970s. We propose and empirically explore the hypothesis that slow growth stems in part from an unbalanced sectoral...
Persistent link: https://www.econbiz.de/10014322814