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Automation and new tasks : how technology displaces and reinstates labor

Acemoglu, Daron; Restrepo, Pascual - 2019

We present a framework for understanding the effects of automation and other types of technological changes on labor demand, and use it to interpret changes in US employment over the recent past. At the center of our framework is the allocation of tasks to capital and labor - the task content of...

Persistent link: https://www.econbiz.de/10012001461

Distribution and growth in an economy with limited needs

Saint-Paul, Gilles - 2001

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

Persistent link: https://www.econbiz.de/10011401020

How do workers adjust when firms adopt new technologies?

Genz, Sabrina; Gregory, Terry; Janser, Markus; Lehmer, … - 2021

We investigate how workers adjust to firms' investments into new digital technologies, including artificial intelligence, augmented reality, or 3D printing. For this, we collected novel data that links survey information on firms' technology adoption to administrative social security data. We...

Persistent link: https://www.econbiz.de/10012603258

The impact of ICT and robots on labour market outcomes of demographic groups in Europe

Albinowski, Maciej; Lewandowski, Piotr - 2022

We study the age- and gender-specific labour market effects of two key modern technologies, Information and Communication Technologies (ICT) and robots, in 14 European countries between 2010 and 2018. To identify the causal effects of technology adoption, we utilise the variation in technology...

Persistent link: https://www.econbiz.de/10013470097

Artificial intelligence and the skill premium

Bloom, David E.; Prettner, Klaus; Saadaoui, Jamel; … - 2024

How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...

Persistent link: https://www.econbiz.de/10014529725

Estimation of cross-country differences in industry production functions

Harrigan, James - 1997

Persistent link: https://www.econbiz.de/10000636037

Does the growth process discriminate against older workers?

Langot, François (contributor); … - 2008

This paper seeks to gain insights on the relationship between growth and unemployment, when considering heterogeneous agents in terms of age. We introduce life cycle features in the endogenous job destruction framework à la Mortensen and Pissarides (1998). We show that, under the assumption of...

Persistent link: https://www.econbiz.de/10003778484

Steam power, establishment size, and labor productivity growth in nineteenth century American manufacturing

Atack, Jeremy; Bateman, Fred; Margo, Robert A. - 2006

Persistent link: https://www.econbiz.de/10003278664

Shifts and twists in the relative productivity of skilled labor

Dupuy, Arnaud (contributor); Marey, Philip S. (contributor) - 2007

Skill-biased technical change is usually interpreted in terms of the efficiency parameters of skilled and unskilled labor. This implies that the relative productivity of skilled workers changes proportionally in all tasks. In contrast, we argue that technical changes also affect the curvature of...

Persistent link: https://www.econbiz.de/10003540701

The evolution of inequality in productivity and wages : panel data evidence

Faggio, Giulia; Salvanes, Kjell G.; Van Reenen, John - 2007

Persistent link: https://www.econbiz.de/10003542087