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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 compress the wage distribution. Wage compression reduces income …-tax distortions of labor supply, thereby raising welfare. In the calibrated model, the optimal robot tax for the US is positive and …
Persistent link: https://www.econbiz.de/10011926330
Theoretical considerations suggest that nonlinear health care price schedules have heterogeneous effects on health care demand. In this paper, we develop and apply a finite mixture bivariate probit model to analyze whether there are heterogeneous reactions to the introduction of a nonlinear...
Persistent link: https://www.econbiz.de/10010212657
This paper revisits the airline schedule-buffer choice problem analyzed by Brueckner, Czerny and Gaggero (2020) using a simpler model where the random shocks influencing flight times are discrete rather than continuous. The analysis yields closed-form solutions for the flight and ground buffers...
Persistent link: https://www.econbiz.de/10012270584
We consider a multi-service transportation system in which passengers are heterogeneous along two dimensions, namely ideal departure time and value of time, leading to both horizontal and vertical differentiation. We investigate the behavior of passengers, and assess how service pricing and...
Persistent link: https://www.econbiz.de/10012103986
This paper presents an extensive theoretical and empirical analysis of the choice of schedule buffers by airlines. With airline delays a continuing problem around the world, such an undertaking is valuable, and its lessons extend to other passenger transportation sectors. One useful lesson from...
Persistent link: https://www.econbiz.de/10012110214
This paper examines the labor market implications of investment in automation over the life cycle of ICT and robot …
Persistent link: https://www.econbiz.de/10014490819
participation declined, reducing the relative economic stature of men. Regions affected by intense robot penetration experienced …
Persistent link: https://www.econbiz.de/10012652849
establishment-level data on injuries, we find that a one standard deviation increase in our commuting zone-level measure of robot … to robot penetration experience a significant increase in drug- or alcohol-related deaths and mental health problems …. Employing longitudinal data from Germany, we exploit within-individual changes in robot exposure and document that a one …
Persistent link: https://www.econbiz.de/10013262797
. Compared to other firms operating in the same 5-digit sector, robot importers are larger, more productive, and employ a higher … share of managers and engineers. Over time, robot import occurs after periods of expansion in firm size, and is followed by … identify the causal effects of robot adoption. Our results suggest that, while demand shocks generate a positive correlation …
Persistent link: https://www.econbiz.de/10012383713
This paper documents a positive relationship between labor-friendly institutions and investment in industrial robots in a sample of advanced economies. Institutions explain a substantial proportion of cross-country variation in automation. The relationship between institutions and robots is...
Persistent link: https://www.econbiz.de/10012103580