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Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable gains in employment rates it had achieved during the 1990s, with major contractions in manufacturing … employment being a prime contributor to the slump. The U.S. employment "sag" of the 2000s is widely recognized but poorly …
Persistent link: https://www.econbiz.de/10013048616
, when detectable, result from the even faster declines in employment …
Persistent link: https://www.econbiz.de/10013060261
Most government expenditure is on goods that yield primarily private benefits, such as education, pensions, and healthcare. We argue that markets are most advantageous in areas where high-powered incentives are desirable, but in areas where high-powered incentives stimulate unproductive...
Persistent link: https://www.econbiz.de/10013324115
employment in high skill and low skill occupations relative to middle skilled occupations (i.e., job 'polarization'); (4) rapid … for analyzing how recent changes in the earnings and employment distribution in the United States and other advanced …
Persistent link: https://www.econbiz.de/10013116038
tasks, we show that robots may reduce employment and wages, and that the local labor market effects of robots can be … estimated by regressing the change in employment and wages on the exposure to robots in each local labor market—defined from the … national penetration of robots into each industry and the local distribution of employment across industries. Using this …
Persistent link: https://www.econbiz.de/10012960156
created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the labor …
Persistent link: https://www.econbiz.de/10012992141
employment. Our task-based framework emphasizes the displacement effect that automation creates as machines and AI replace labor …
Persistent link: https://www.econbiz.de/10012930347
account for 20% of manufacturing employment and value added. Consistent with theory, robot adopters experience significant … declines in labor share and the share of production workers in employment, and increases in value added and productivity. They … expand their overall employment as well. However, this expansion comes at the expense of their competitors (as automation …
Persistent link: https://www.econbiz.de/10013307903
in non-AI positions. We find no discernible relationship between AI exposure and employment or wage growth at the …
Persistent link: https://www.econbiz.de/10014089653
against the disabled in hiring, firing, and pay. Although the ADA was meant to increase employment of the disabled, it also … employment of disabled men of all working ages and disabled women under age 40. The effects appear to be larger in medium size … little evidence of an impact on the nondisabled, suggesting that the adverse employment consequences of the ADA have been …
Persistent link: https://www.econbiz.de/10013237554