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production, a trend that may be further aggravated by the COVID-19 crisis. Yet automation is also expected to raise productivity …Many studies predict massive job losses and real wage decline as a result of the ongoing widespread automation of … and output. How can we share the gains from automation more widely, for the benefit of all? And what are the attendant …
Persistent link: https://www.econbiz.de/10012605629
Persistent link: https://www.econbiz.de/10012487290
pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity …: improvements in the productivity of 'robots' drive divergence, as advanced countries differentially benefit from their initially …
Persistent link: https://www.econbiz.de/10012302048
average, perform more routine tasks than men?tasks that are more prone to automation. To quantify the impact on jobs, we … relate data on task composition at work to occupation level estimates of probability of automation, controlling for a rich … workers are at a significantly higher risk for displacement by automation than male workers, with 11 percent of the female …
Persistent link: https://www.econbiz.de/10012021777
. It finds that technological advances offers prospects for stronger productivity and growth, but brings risks of increased …
Persistent link: https://www.econbiz.de/10011932374
automation, especially in emerging markets. We find that negative perceptions about automation are prevalent among workers who … over automation are positively viewed by workers with higher levels of job satisfaction, higher educational attainment, and … from countries with stronger labor protection. Workers with positive perceptions of automation also tend to respond that re …
Persistent link: https://www.econbiz.de/10012155109
process. Seven levels of automation of price discovery are identified, and 47 systems are classified according to these … criteria. Systems operating at various levels of automation are compared with respect to age, geographical location, and type … asymmetric information increases with the level of automation of price discovery. The potential for trading abuses related to …
Persistent link: https://www.econbiz.de/10014395803
Despite a substantial and prolonged exchange rate depreciation, South Africa's export performance has disappointed since the global financial crisis. In this paper we focus on the role of structural factors in reducing the responsiveness of South African exports to the real exchange rate...
Persistent link: https://www.econbiz.de/10011435831
Much recent analysis of international monetary and fiscal policy issues, such as the choice of an exchange-rate regime or the design of a policy coordination scheme, has been conducted by stochastic simulations with multicountry econometric models. In these studies, it has become standard...
Persistent link: https://www.econbiz.de/10014398123
Based on the experience of budget management reforms that have been introduced over the last two decades in a large number of member countries of the Organization for Economic Cooperation and Development (OECD) it is not uncommon to find emerging market economies moving toward performance-based...
Persistent link: https://www.econbiz.de/10014401133