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Automation and New Tasks : How Technology Displaces and Reinstates Labor

Acemoglu, Daron - 2019

We present a framework for understanding the effects of automation and other types of technological changes on labor demand, and use it to interpret changes in US employment over the recent past. At the center of our framework is the allocation of tasks to capital and labor – the task content...

Persistent link: https://www.econbiz.de/10012870190

The Wrong Kind of Ai? Artificial Intelligence and the Future of Labor Demand

Acemoglu, Daron - 2019

Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...

Persistent link: https://www.econbiz.de/10012870191

Minimum Wages and On-the-Job Training

Acemoglu, Daron; Pischke, Jörn-Steffen - Centre for Economic Performance, LSE - 2002

Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...

Persistent link: https://www.econbiz.de/10005016812

Robots and Workers : Evidence from the Netherlands

Acemoglu, Daron; Koster, Hans; Ozgen, Ceren - 2023

We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large employer-employee panel dataset spanning 2009-2020. Our firm-level results confirm previous findings, with positive effects on value added and hours worked for robot-adopting firms...

Persistent link: https://www.econbiz.de/10014254205

Innovation in Business Groups

Belenzon, Sharon; Berkovitz, Tomer - Centre for Economic Performance, LSE - 2007

Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find … that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in … industries that rely more on external finance and have a higher degree of information asymmetry. We also find that the innovation …

Persistent link: https://www.econbiz.de/10005151051

Innovation, Reallocation and Growth

Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, … - Centre for Economic Performance, LSE - 2013

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

Persistent link: https://www.econbiz.de/10010655943

Motivation and Sorting in Open Source Software Innovation

Belenzon, Sharon; Schankerman, Mark - Centre for Economic Performance, LSE - 2008

innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed …

Persistent link: https://www.econbiz.de/10005670637