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history are rarely considered in depth or used to improve predictions and planning for the coming decades. In this paper we … show that a deeper understanding of history can expand knowledge of possibilities and pitfalls for employment in the future …. We argue that history provides the only way to analyze the long-term impacts of technological change, and that the scale …
Persistent link: https://www.econbiz.de/10014430719
We study the effect of Artificial Intelligence (AI) on employment across US commuting zones over the period 2000-2020. A simple model shows that AI can automate jobs or complement workers, and illustrates how to estimate its effect by exploiting variation in a novel measure of local exposure to...
Persistent link: https://www.econbiz.de/10014383286
We use the elements of a macroeconomic production function-physical capital, human capital, labor, and technology … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …
Persistent link: https://www.econbiz.de/10014383297
An analytical framework is developed to study the repercussions between endogenous capital- and labor-saving technical … this framework aging increases the relative scarcity of labor with respect to capital. Therefore, there will be more labor …
Persistent link: https://www.econbiz.de/10003923496
Persistent link: https://www.econbiz.de/10003620170
Persistent link: https://www.econbiz.de/10003496536
The elasticity of substitution between capital and labor features prominently in several areas of economic research …
Persistent link: https://www.econbiz.de/10011450090
The purpose of this paper is threefold. First, we survey the way in which the tax burden on labour has been proxied for in recent multi-country macro-economic studies. Second, we critically evaluate these proxies. Finally, we examine to what extent the conclusions of some studies change if some...
Persistent link: https://www.econbiz.de/10011507980
This paper outlines the methodology used by the OECD in its Taxing Wages publication, compares this approach to other measures of the effective tax rate on labour and uses recent results to illustrate its use. It argues that the strength of this methodology lies in its ability to make...
Persistent link: https://www.econbiz.de/10011507992
impact on policy. The remainder of the paper focuses on the substitution elasticity between labor and capital. Several of the …
Persistent link: https://www.econbiz.de/10011409809