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technology adoption to administrative social security data. We then compare individual outcomes between workers employed at … technology adopters relative to non-adopters. Depending on the type of technology, we find evidence for improved employment … stability, higher wage growth, and increased cumulative earnings in response to digital technology adoption. These beneficial …
Persistent link: https://www.econbiz.de/10012623549
Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to offer new features of products and services, to improve production, marketing and administration processes, and to introduce new business models. This paper analyses the extent to...
Persistent link: https://www.econbiz.de/10012500899
Artificial Intelligence (AI) is often regarded as the next general-purpose technology with a rapid, penetrating, and … far-reaching use over a broad number of industrial sectors. A main feature of new general-purpose technology is to enable … of AI technology and estimate its productivity effects with a sample of German firms. We employ both a cross …
Persistent link: https://www.econbiz.de/10012819685
Artificial Intelligence (AI) is considered to be the next general-purpose technology, with the potential of performing …
Persistent link: https://www.econbiz.de/10014504800
suggest that developing countries grow faster when they are globally competitive in low-technology manufacturing and natural …
Persistent link: https://www.econbiz.de/10011536945
How does revolutionary technological change impact wealth inequality? We turn to the mother of all technological shocks–the Industrial Revolution–and analyze its role for wealth concentration both empirically and theoretically. Based on a novel dataset on wealth shares at the level of...
Persistent link: https://www.econbiz.de/10014487319
Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent past. All this pushes further the boundary of what machines can do. Nowadays increasingly complex...
Persistent link: https://www.econbiz.de/10012021513
We assess the relevance of formal education for the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...
Persistent link: https://www.econbiz.de/10009580842
We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of intermediate complexity are assigned to capital. Interior...
Persistent link: https://www.econbiz.de/10014496402
We investigate minimum wage spillovers by exploiting the first-time introduction of a minimum wage within a quasi-experiment in a context with an extraordinary large bite: the German roofing industry. We find positive wage spillovers for medium-skilled workers with wages just above the minimum...
Persistent link: https://www.econbiz.de/10012285605