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This article explores the impact of innovation, offshoring and demand on profits and wage dynamics. The growing relevance of functional distribution in terms of explaining personal distribution underscores the importance of our results for understanding recent increases in inequality. The...
Persistent link: https://www.econbiz.de/10011420638
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The evidence on growing inequality in OECD countries has raised an important debate over its main drivers, pointing out an increasing importance of the capital-labour conflict. In this contribution, we aim at disentangling the role of some of the forces shaping this process. Our identification...
Persistent link: https://www.econbiz.de/10011341894
This paper explores the relation between the digitalization and of labour processes, the level of routineness of tasks and changes in employment. The levels of digitalization and routineness of occupations in 796 5-digit ISCO professional groups are measured using data from a unique Italian...
Persistent link: https://www.econbiz.de/10012020172
New technologies can shape the production process by affecting the way in which inputs are embedded in the organization, their quality, and their use. Using an original employer-employee dataset that merges firm-level data on digital technology adoption and other characteristics of production...
Persistent link: https://www.econbiz.de/10015069705