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We investigate the impact of robot adoption on electoral outcomes in 14 Western European countries, between 1993 and … ideology scores from the Manifesto Project. We measure exposure to automation both at the regional level, based on the ex …-sample employment patterns in the region of residence. We instrument robot adoption in each country using the pace of robot adoption in …
Persistent link: https://www.econbiz.de/10012865699
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
supply on automation innovation by exploiting an immigrant placement policy in Germany during the 1990s and 2000s. Difference …-in-differences estimates indicate that one additional worker per 1,000 manual and unskilled workers reduces automation innovation by 0 …
Persistent link: https://www.econbiz.de/10012828791
change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … lasting effect on the use of robots. Variance decompositions reveal that taxing contributes to changes in the two income … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor …
Persistent link: https://www.econbiz.de/10014082792
This paper examines the labor market adjustments to four automation technologies (i.e. robots, communication technology … measure of technology penetration, we estimate changes in regional employment and wages affected by automation technologies … along with the reallocation of workers between sectors. We find that labor market adjustments to automation technologies …
Persistent link: https://www.econbiz.de/10014262037
In this chapter, we first discuss the limitations of traditional financial advice, which led to the emergence of robo-advising. We then describe the main features of robo-advising and propose a taxonomy of robo-advisors based on four defining dimensions---personalization, discretion,...
Persistent link: https://www.econbiz.de/10012836714
complement non-routine labor. I show that while it is optimal to distort robot adoption, robots may be either taxed or subsidized … generates small welfare gains. As the price of robots falls, inequality rises but the robot tax and its welfare impact become …I study the optimal taxation of robots and labor income. In the model, robots substitute for routine labor and …
Persistent link: https://www.econbiz.de/10012892266
We study the implications of robot adoption at the level of individual firms using a rich panel data-set of Spanish … manufacturing firms over a 27-year period (1990-2016). We focus on three central questions: (1) Which firms adopt robots? (2) What … are the labor market effects of robot adoption at the firm level? (3) How does firm heterogeneity in robot adoption affect …
Persistent link: https://www.econbiz.de/10012871754
between robot imports and employment, exogenous changes in automation lead to job losses. We also find that robot imports …We use French data over the 1994-2013 period to study how imports of industrial robots affect firm-level outcomes …. Compared to other firms operating in the same 5-digit sector, robot importers are larger, more productive, and employ a higher …
Persistent link: https://www.econbiz.de/10013314850
Robots have radically changed the demand for skills and the role of workers in production. This phenomenon has replaced … occupations and sectors that require more social interaction and managing skills. This study examines how the exposure to robots … on the United States and find that in regions that were more exposed to robots, gender gaps in income and labor force …
Persistent link: https://www.econbiz.de/10013322784