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this analysis, we use patent citations as a proxy for the innovation effort by the acquirer. Our main result is to show … that acquisition increases the innovation effort of the acquirer but only temporarily. After 1.5 year, there is no longer a … significant impact of the acquisition on the acquirer’s innovation effort. This decline is relatively larger when the acquired …
Persistent link: https://www.econbiz.de/10014505345
The interplay between labour institutions and the adoption of automation technologies remains poorly understood … conditional correlations between the presence of employee representation (ER) and the use of automation technologies. We find that … management. Greater automation in establishments with ER does not seem to result from more adversarial employment relationships …
Persistent link: https://www.econbiz.de/10012304887
Could robotization make the gender pay gap worse? We provide the first large-scale evidence on the impact of industrial robots on the gender pay gap using data from 20 European countries. We show that robot adoption increases both male and female earnings but also increases the gender pay gap....
Persistent link: https://www.econbiz.de/10012249699
ideology scores from the Manifesto Project. We measure exposure to automation both at the regional level, based on the ex …
Persistent link: https://www.econbiz.de/10012035056
ideology scores from the Manifesto Project. We measure exposure to automation both at the regional level, based on the ex …
Persistent link: https://www.econbiz.de/10012037816
We investigate the impact of investment in automation-related goods on adopting and non-adopting firms in the Italian … of Italian importing firms and estimate the effects on adopters' outcomes within a difference-indifferences design … exploiting import lumpiness in product categories linked to automation and AI technologies. We find a positive average adoption …
Persistent link: https://www.econbiz.de/10014383690
This paper examines the labor market implications of investment in automation over the life cycle of ICT and robot … these automation technologies and identify the phases of acceleration and deceleration in investment. We then examine how … exposure to these automation technologies affects employment and wages across these different phases of their life cycle. We …
Persistent link: https://www.econbiz.de/10014490819
period marked by the rapid adoption of industrial robots. Automation reduced relative hourly wages and employment of more … input to the EUROMOD microsimulation model, we find that automation had minor effects on income inequality. Household labour … income diversification and tax and welfare policies largely absorbed labour market shocks caused by automation. Transfers …
Persistent link: https://www.econbiz.de/10014391207
We study the age- and gender-specific labour market effects of two key modern technologies, Information and Communication Technologies (ICT) and robots, in 14 European countries between 2010 and 2018. To identify the causal effects of technology adoption, we utilise the variation in technology...
Persistent link: https://www.econbiz.de/10013470097
Most European economies will experience significant demographic changes in the decades ahead. Due to low birth rates, populations are shrinking and ageing at the same time. This paper explores the impact of demographic change on the banking industry. A unique data set, which contains detailed...
Persistent link: https://www.econbiz.de/10003925219