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quality care. Robots are associated with improved quality (reduction in restraint use and pressure ulcers) and productivity … Japanese nursing homes using original facility-level panel data that includes the different robots used and the tasks performed … for non-regular care workers and monitoring robots. The share of specific tasks performed by robots increases with the …
Persistent link: https://www.econbiz.de/10015145067
Technological change, from the advent of robots to expanded trade opportunities, tends to create winners and losers … be implemented using evidence on the distributional impact of new technologies, such as robots and trade. Our second … on robots and trade, the magnitude of these taxes may decrease as the process of automation and globalization deepens and …
Persistent link: https://www.econbiz.de/10012480754
Do robots raise or lower economic well-being? On the one hand, they raise output and bring more goods and services into …
Persistent link: https://www.econbiz.de/10012457575
Will smart machines replace humans like the internal combustion engine replaced horses? If so, can putting people out of work, or at least out of good work, also put the economy out of business? Our model says yes. Under the right conditions, more supply produces, over time, less demand as the...
Persistent link: https://www.econbiz.de/10012457725
-level implications of robot adoption. Out of 55,390 firms in our sample, 598 have adopted robots between 2010 and 2015, but these firms … further document that the impact of robots on overall labor share is greater than their firm-level effects because robot …
Persistent link: https://www.econbiz.de/10012479262
Increased use of robots has roused concern about how robots and other new technologies change the world of work. Using … numbers of robots shipped to primarily manufacturing industries as a supply shock to an industry labor market, we estimate … wages. While the growth of robots in the 1996-2016 period of our data was too modest to be a major determinant of wages and …
Persistent link: https://www.econbiz.de/10012479394
The adoption of healthcare technology is central to improving productivity in this sector. To provide new evidence on how technology affects healthcare markets, we focus on one area where adoption has been particularly rapid: surgery for prostate cancer. Over just six years, robotic surgery grew...
Persistent link: https://www.econbiz.de/10012629521
This paper studies information diffusion in social media and the role of bots in shaping public opinions. Using Twitter data on the 2016 E.U. Referendum ("Brexit") and the 2016 U.S. Presidential Election, we find that diffusion of information on Twitter is largely complete within 1-2 hours....
Persistent link: https://www.econbiz.de/10012453088
We summarize existing empirical findings regarding the adoption of robotics and AI and its effects on aggregated labor and productivity, and argue for more systematic collection of the use of these technologies at the firm level. Existing empirical work primarily uses statistics aggregated by...
Persistent link: https://www.econbiz.de/10012453474
massive rise in income inequality. This inequality can be reduced by raising marginal income tax rates and taxing robots. But … current tax system to include a lump-sum rebate. In our model, with the rebate in place, it is optimal to tax robots only when …
Persistent link: https://www.econbiz.de/10012453905