Showing 1 - 10 of 566
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
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
intelligence. We exploit data provided by the Industrial Federation of Robotics as well as online job vacancy data on Germany, a …
Persistent link: https://www.econbiz.de/10014450779
&D business functions. We do not find any direct effects of robot adoption; robotization affects labor only indirectly, by …
Persistent link: https://www.econbiz.de/10013549118
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
discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and …This paper aims to help policy makers identify how standards can contribute to the effective and cost …-saving technologies. This broad perspective enables us to identify interesting economic dimensions of standards, such as their …
Persistent link: https://www.econbiz.de/10009752019
We study the implications of robot adoption at the level of individual firms using a rich panel data-set of Spanish … are the labor market effects of robot adoption at the firm level? (3) How does firm heterogeneity in robot adoption affect … literature to formalize the implications of robot technology. As for the first question, we establish robust evidence that ex …
Persistent link: https://www.econbiz.de/10011997063
Artificial intelligence (AI) is starting to pervade the economic and social life rendering strategic interactions with artificial agents more and more common. At the same time, experimental economic research has increasingly employed computer players to advance our understanding of strategic...
Persistent link: https://www.econbiz.de/10012120215
We investigate the impact of robot adoption on electoral outcomes in 14 Western European countries, between 1993 and …-sample employment patterns in the region of residence. We instrument robot adoption in each country using the pace of robot adoption in … other countries. Higher exposure to robot adoption is found to increase support for nationalist and radical-right parties …
Persistent link: https://www.econbiz.de/10012035056
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