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What is the effect of robots and tools on employment and inequality? Using natural language processing and an … robots and tools over the last 20 years have reduced inequality and increased welfare without a significant effect on … instrumental variable approach, we discover that robots have led to a sizable decrease in the employment and wages of low …
Persistent link: https://www.econbiz.de/10014443829
the stochastic process of mortality rates after the main pandemic waves of two historical pandemics across multiple …
Persistent link: https://www.econbiz.de/10012698777
and additional mortality due to the pandemic. Both pandemics and non-pharmaceutical interventions to fight pandemics …
Persistent link: https://www.econbiz.de/10013453602
We evaluate the 1968 H3N2 Flu pandemic’s economic cost in a cross-section of 52 countries. Using excess mortality rates ….9%). Our main findings highlight the role of both negative demand-side and supply-side shocks in the flu pandemic’s aftermath. …
Persistent link: https://www.econbiz.de/10012308629
fraction of the population is concerned that they or their family members and friends may get infected with the coronavirus …
Persistent link: https://www.econbiz.de/10012582202
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
offset furlough-induced income reductions. This creates wealth inequality but lowers the probability a furloughed worker …
Persistent link: https://www.econbiz.de/10012619269
Robots have radically changed the demand for skills and the role of workers in production. This phenomenon has replaced … occupations and sectors that require more social interaction and managing skills. This study examines how the exposure to robots … on the United States and find that in regions that were more exposed to robots, gender gaps in income and labor force …
Persistent link: https://www.econbiz.de/10012652849
between robot imports and employment, exogenous changes in automation lead to job losses. We also find that robot imports …We use French data over the 1994-2013 period to study how imports of industrial robots affect firm-level outcomes …. Compared to other firms operating in the same 5-digit sector, robot importers are larger, more productive, and employ a higher …
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 stronger in sunk cost-intensive industries, where producers are more …
Persistent link: https://www.econbiz.de/10012103580