Showing 1 - 10 of 43
This paper develops an occupation-level measure of Capital-Embodied Innovation (CEI) by matching patents with capital …
Persistent link: https://www.econbiz.de/10014507782
STEM-skill intensive and are associated with innovation, as well as with technology adoption, management, and diffusion …
Persistent link: https://www.econbiz.de/10014288151
This paper investigates whether and to what extent long-run trends in population health affected income inequality in the United States over the period 1960-2000. To isolate exogenous variation in health over time, the analysis exploits the sharp decline in cardiovascular disease mortality...
Persistent link: https://www.econbiz.de/10012669783
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the … inventors. Our results generalize the evidence of previous studies that show how migrant inventors "import" knowledge from their … knowledge across nations. …
Persistent link: https://www.econbiz.de/10012026463
The catchword 'green skills' has been common parlance in policy circles for a while, yet there is little systematic empirical research to guide public intervention for meeting the demand for skills that will be needed to operate and develop green technology. The present paper proposes a...
Persistent link: https://www.econbiz.de/10010515476
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012599109
What are the earnings and employment losses that workers suffer when demand for their occupations declines? To answer this question we combine forecasts on occupational employment changes, which allow us to identify unanticipated declines; administrative data on the population of Swedish...
Persistent link: https://www.econbiz.de/10012030678
A fast-growing literature shows that digital technologies are displacing labor from routine tasks, raising concerns that labor is racing against the machine. We develop a task-based framework to estimate the aggregate labor demand and employment effects of routine-replacing technological change...
Persistent link: https://www.econbiz.de/10011903802
I study the optimal taxation of robots and labor income. In the model, robots substitute for routine labor and complement non-routine labor. I show that while it is optimal to distort robot adoption, robots may be either taxed or subsidized. The robot tax exploits general-equilibrium effects to...
Persistent link: https://www.econbiz.de/10011926330
To what extent can technological advances in the production of capital account for the recent, worldwide decline in the labor income share? We pose two challenges to the automation narrative: first, estimates of the elasticity of substitution (EOS) between capital and labor tend to fall below or...
Persistent link: https://www.econbiz.de/10012138828