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Explaining the Decline in the US Labor Share : Taxation and Automation

Heer, Burkhard; Irmen, Andreas; Süssmuth, Bernd - 2022

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

Automation, Growth, and Factor Shares in the Era of Population Aging

Irmen, Andreas - 2021

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

Automation, Economic Growth, and the Labor Share - A Comment on Prettner (2019)

Heer, Burkhard - 2019

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

Outsourcing and labor taxation in dual labor markets

Koskela, Erkki; Poutvaara, Panu - 2008

We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment in dual labor markets. Outsourcing promotes wage dispersion between the high-skilled and low-skilled workers. Higher domestic low-skilled wage tax, higher payroll tax and lower...

Persistent link: https://www.econbiz.de/10010264385

Flexible outsourcing and the impacts of labour taxation in European welfare states

Koskela, Erkki; Poutvaara, Panu - 2008

In European Welfare States, low-skilled workers are typically unionized, while the wage formation of high-skilled workers is more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation affect wage formation, employment and welfare in dual...

Persistent link: https://www.econbiz.de/10010264468

Impacts of labor taxation with perfectly and imperfectly competitive domestic labor markets under flexible outsourcing

Koskela, Erkki - 2009

What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...

Persistent link: https://www.econbiz.de/10010265972

Analysis of labor tax progression under heterogeneous domestic labor markets and flexible outsourcing

Koskela, Erkki - 2010

What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogeneous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...

Persistent link: https://www.econbiz.de/10010275003

Automation, Economic Growth, and the Labor Share - A Comment on Prettner (2019) -

Heer, Burkhard; Irmen, Andreas - 2019

Persistent link: https://www.econbiz.de/10012052836

Automation, Growth, and Factor Shares in the Era of Population Aging

Irmen, Andreas - 2021

Persistent link: https://www.econbiz.de/10012657899