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Automation and employment over the technology life cycle : evidence from European regions
Jaccoud, Florencia; Petit, Fabien; Ciarli, Tommaso; … - 2024
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
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Commanding nature by obeying her : a review essay on Joel Mokyr's A Culture of Growth
Spolaore, Enrico - 2019
Why is modern society capable of cumulative innovation? In A Culture of Growth: The Origins of the Modern Economy, Joel Mokyr persuasively argues that sustained technological progress stemmed from a change in cultural beliefs. The change occurred gradually during the seventeenth and eighteenth...
Persistent link: https://www.econbiz.de/10012035061
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Explaining the decline in the US labor share : taxation and automation
Heer, Burkhard; Irmen, Andreas; Süssmuth, Bernd - 2022
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
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Adoption and diffusion of health information technology : the case of primary care clinics
Callaway, Brant; Ghosal, Vivek - 2012
We empirically examine the determinants of adoption of information technology by primary healthcare clinics using a large sample of physician clinics from several States in the U.S. Ours is one of the first studies to intensively investigate primary care clinics. These clinics are important as...
Persistent link: https://www.econbiz.de/10009621752
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Access to technology and the transfer function of community colleges : evidence from a field experiment
Fairlie, Robert W.; Grunberg, Samantha H. - 2014
Access to information may represent an important barrier to learning about and ultimately transferring to 4-year colleges for low-income community college students. This paper explores the role that access to information technology, in particular, plays in enhancing, or possibly detracting from,...
Persistent link: https://www.econbiz.de/10010393654
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Rhineland exit?
Bovenberg, Ary Lans (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003630541
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Roman Transport Network Connectivity and Economic Integration
Flückiger, Matthias; Hornung, Erik; Larch, Mario; … - 2019 - This version: July 2019
We show that the creation of the first integrated pan-European transport network during Roman times influences economic integration over two millennia. Drawing on spatially highly disaggregated data on excavated Roman ceramics, we document that interregional trade was strongly influenced by...
Persistent link: https://www.econbiz.de/10012033121
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The rate of return on everything, 1870-2015
Jordà, Òscar; Knoll, Katharina; Kuvshinov, Dmitry; … - 2018
This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...
Persistent link: https://www.econbiz.de/10011794864
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Sovereign bonds since Waterloo
Meyer, Josefin; Reinhart, Carmen M.; Trebesch, Christoph - 2019
This paper studies external sovereign bonds as an asset class. We compile a new database of 220,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering 91 countries. Our main insight is that, as in equity...
Persistent link: https://www.econbiz.de/10011973856
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How do financial crises redistribute risk?
Mitchener, Kris; Vossmeyer, Angela - 2023
We examine how financial crises redistribute risk, employing novel empirical methods and micro data from the largest financial crisis of the 20th century - the Great Depression. Using balance-sheet and systemic risk measures at the bank level, we build an econometric model with incidental...
Persistent link: https://www.econbiz.de/10014323137