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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/10013206154
We aim to estimate the elasticity of voter turnout. We analyze how voters react to a change in voting costs. Some municipalities in the canton of Berne reduced voting costs by paying the postage of the return envelope when voters opt for postal voting. We find that paying the postage is...
Persistent link: https://www.econbiz.de/10011387473
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...
Persistent link: https://www.econbiz.de/10011997063
a sample of advanced economies. Institutions explain a substantial proportion of cross-country variation in automation … vulnerable to holdup. This suggests that automation is used by producers as a tool to thwart rent appropriation by labor. …
Persistent link: https://www.econbiz.de/10012103580
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
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/10012031062
Since the beginning of the Industrial Revolution, technological change has led to the automation of existing tasks and … with productivity growth. I provide evidence suggesting, however, that in recent decades automation has outpaced the …
Persistent link: https://www.econbiz.de/10012206073
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/10012241069
What is the effect of robots and tools on employment and inequality? Using natural language processing and an instrumental variable approach, we discover that robots have led to a sizable decrease in the employment and wages of low-skill workers in operational occupations. However, tools -...
Persistent link: https://www.econbiz.de/10014443829
the wage distribution. These results are consistent with the view that AI has contributed to the automation of jobs and to …
Persistent link: https://www.econbiz.de/10014383286