Showing 1 - 10 of 10
measure of technology penetration, we estimate changes in regional employment and wages affected by automation technologies …This paper examines the labor market adjustments to four automation technologies (i.e. robots, communication technology … along with the reallocation of workers between sectors. We find that labor market adjustments to automation technologies …
Persistent link: https://www.econbiz.de/10014262037
exposure to these automation technologies affects employment and wages across these different phases of their life cycle. We … find that the negligible long term impact of automation on employment conceals significant short term positive and negative … specialization in explaining the impact of automation on regional employment. …
Persistent link: https://www.econbiz.de/10014534326
measure of technology penetration, we estimate changes in regional employment and wages affected by automation technologies …This paper examines the labor market adjustments to four automation technologies (i.e. robots, communication technology … along with the reallocation of workers between sectors. We find that labor market adjustments to automation technologies …
Persistent link: https://www.econbiz.de/10014290147
Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the … Solow-Swan model. The aggregate production function allows for two types of capital, traditional and automation capital …. Traditional capital and labor are imperfect substitutes whereas automation capital and labor are perfect substitutes. In this …
Persistent link: https://www.econbiz.de/10012866317
processes? The present paper addresses this question in a new macroeconomic model of automation where competitive firms perform … and substitute for labor in the performance of tasks. Automation is labor-augmenting in the reduced-form aggregate … though the aggregate production function is Cobb-Douglas. Population aging due to a higher longevity reduces automation in …
Persistent link: https://www.econbiz.de/10013218295
change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor … taxation, automation capital, and capital adjustment costs. Labor and automation capital are perfect substitutes whereas labor …
Persistent link: https://www.econbiz.de/10014082792
decade and estimates their impact on European employment. Using a novel approach that leverages sentence transformers, we … exposure to emerging digital technologies to estimate their employment impact across European regions. We find an overall … positive effect of emerging digital technologies on employment, with a one-standard-deviation increase in regional exposure …
Persistent link: https://www.econbiz.de/10014534442
Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the … Solow-Swan model. The aggregate production function allows for two types of capital, traditional and automation capital …. Traditional capital and labor are imperfect substitutes whereas automation capital and labor are perfect substitutes. In this …
Persistent link: https://www.econbiz.de/10012052836
processes? The present paper addresses this question in a new macroeconomic model of automation where competitive firms perform … and substitute for labor in the performance of tasks. Automation is labor-augmenting in the reduced-form aggregate … though the aggregate production function is Cobb-Douglas. Population aging due to a higher longevity reduces automation in …
Persistent link: https://www.econbiz.de/10012657899
union which cares for wages and employment, we determine a range of trade union objectives and characterize the aggregate …
Persistent link: https://www.econbiz.de/10010315146