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well as traditional and automation capital (e.g. robots). Robots can substitute for routine labor. We show that both … rise. Although expected advances in automation technologies are able to mitigate or even circumvent output losses in the …
Persistent link: https://www.econbiz.de/10012222578
This study quantifies the relationship between workplace digitalization, i.e., the increasing use of frontier … individual-level use of technologies between 2011 and 2019, we find that digitalization induces similar shifts into more complex …
Persistent link: https://www.econbiz.de/10014564980
developments, some argue that large shares of jobs are "at risk of automation", spurring public fears of massive job-losses and … technological unemployment. This chapter discusses how new digital technologies might affect the labor market in the near future …. First, the chapter discusses estimates of automation potentials, showing that many estimates are severely upward biased …
Persistent link: https://www.econbiz.de/10012021513
We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While … automation implies constant returns to capital within this model class (even in the absence of technological progress), we show … that it does not have the potential to lead to positive long-growth. The reason is that automation suppresses wages, which …
Persistent link: https://www.econbiz.de/10011668997
months of the pandemic when a strict lockdown was in place. Differences in unemployment rates across local labour markets …
Persistent link: https://www.econbiz.de/10013336420
This paper examines the extent to which aggregate-level de-routinization can be attributed to firm-level technology adoption during the most recent technological expansion. We use administrative data and a novel firm survey to distinguish frontier technologies from older technologies. We find...
Persistent link: https://www.econbiz.de/10014468953
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We examine the impact of labor market power on firms' adoption of automation technologies. We develop a model that … incorporates labor market power into the task-based theory of automation. We show that, due to higher marginal cost of labor … employment effects of automation. Using data from US commuting zones, our results show that commuting zones that are more exposed …
Persistent link: https://www.econbiz.de/10014495771
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