Showing 1 - 10 of 1,449
Communication Technologies (ICT) and robots, in 14 European countries between 2010 and 2018. To identify the causal effects of … strategy proposed by Acemoglu and Restrepo (2020). We find that the exposure to ICT and robots increased the shares of young … and prime-aged women in employment and the wage bills of particular sectors, but reduced the shares of older women and …
Persistent link: https://www.econbiz.de/10014296496
management. Greater automation in establishments with ER does not seem to result from more adversarial employment relationships …The interplay between labour institutions and the adoption of automation technologies remains poorly understood … conditional correlations between the presence of employee representation (ER) and the use of automation technologies. We find that …
Persistent link: https://www.econbiz.de/10012322598
In this study we use a unique database covering 25 manufacturing and service sectors for 16 European countries over the period 1996-2005, for a total of 2,295 observations, and apply GMM-SYS panel estimations of a demand-for-labour equation augmented with technology. We find that R&D...
Persistent link: https://www.econbiz.de/10010269701
This paper provides a critique of the ?unemployment invariance hypothesis,? according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10010265548
humans can be productively employed. Recent technological change has been biased towards automation, with insufficient focus … tendency is to develop AI in the direction of further automation, but this might mean missing out on the promise of the "right …
Persistent link: https://www.econbiz.de/10012005993
Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an economic growth explosion. In this paper, we critically...
Persistent link: https://www.econbiz.de/10014533949
types of capital: traditional physical capital (machines, assembly lines), industrial robots, and AI. Following the … literature, we assume that industrial robots predominantly substitute for low-skill workers, whereas AI mainly helps to perform …
Persistent link: https://www.econbiz.de/10014567540
reduce labor demand in high skilled occupations previously considered "safe" from automation. While initial studies suggest … that individuals adjust their educational and career choices to mitigate automation risk, it is unknown what people would … be willing to pay for a reduced automation risk. This study quantifies this value by assessing individuals' preferences …
Persistent link: https://www.econbiz.de/10015045429
This study examines the impact of a technological change on employment and wages, focusing on the adoption of power … plant level, the power loom adaption increased the employment and wages of adult male workers, who likely conducted …-routine tasks. The wage hike of adult workers induced the exit of less efficient plants and decreased female adult employment by 28 …
Persistent link: https://www.econbiz.de/10014533844
ignored in the minimum wage literature are in fact quite vulnerable to employment changes and job loss because of automation …We study the effect of minimum wage increases on employment in automatable jobs – jobs in which employers may find it … share of automatable employment held by low-skilled workers, and increases the likelihood that low-skilled workers in …
Persistent link: https://www.econbiz.de/10011816569