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Acemoglu, Daron; Löbbing, Jonas - National Bureau of Economic Research - 2022

skill premium above a skill threshold and reduces the skill premium below this threshold. Moreover, automation tends to … increases in capital productivity ultimately induce a transition to low-skill automation and qualitatively alter the effects of … automation - thereafter inducing monotone increases in skill premia rather than wage polarization …

Persistent link: https://www.econbiz.de/10013388884

Tasks At Work : Comparative Advantage, Technology and Labor Demand

Acemoglu, Daron; Kong, Fredric; Restrepo, Pascual - National Bureau of Economic Research - 2024

range of tasks, which can be allocated to workers of different skill types or to capital. Factors of production have well …-defined comparative advantage across tasks, which governs the pattern of substitution between skill groups. Technological change can: (1 …

Persistent link: https://www.econbiz.de/10015056199

Automation and Rent Dissipation : Implications for Wages, Inequality, and Productivity

Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2024

This paper studies the effects of automation in economies with labor market distortions that generate worker rents--wages above opportunity cost--in some jobs. We show that automation targets high-rent tasks, dissipating rents and amplifying wage losses from automation. It also reduces...

Persistent link: https://www.econbiz.de/10014576564

Labor Market Polarization and Inequality : A Roy Model Perspective

Erosa, Andrés; Fuster, Luisa; Kambourov, Gueorgui; … - National Bureau of Economic Research - 2025

choice in the tradition of Roy (1951). In our model, changes in relative occupational skill prices proxy for changes in … relative demand for occupational labor services. Our analysis yields three main findings. First, although changes in skill …

Persistent link: https://www.econbiz.de/10015398139

Distorted Innovation : Does the Market Get the Direction of Technology Right?

Acemoglu, Daron - National Bureau of Economic Research - 2023

In the presence of markup differences, externalities and other social considerations, the equilibrium direction of innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing comparative static results and characterizes...

Persistent link: https://www.econbiz.de/10014226119

Measuring and Predicting "New Work" in the United States : The Role of Local Factors and Global Shocks

Kim, Gueyon; Merritt, Cassandra; Peri, Giovanni - National Bureau of Economic Research - 2024

task content of jobs and skill characteristics of workers and document its geographic distribution and association with …

Persistent link: https://www.econbiz.de/10014544803

Scenarios for the Transition to AGI

Korinek, Anton; Suh, Donghyun - National Bureau of Economic Research - 2024

We analyze how output and wages behave under different scenarios for technological progress that may culminate in Artificial General Intelligence (AGI), defined as the ability of AI systems to perform all tasks that humans can perform. We assume that human work can be decomposed into atomistic...

Persistent link: https://www.econbiz.de/10014512109

The Labor Market Impacts of Technological Change : From Unbridled Enthusiasm to Qualified Optimism to Vast Uncertainty

Autor, David H. - National Bureau of Economic Research - 2022

This review considers the evolution of economic thinking on the relationship between digital technology and inequality across four decades, encompassing four related but intellectually distinct paradigms, which I refer to as the education race, the task polarization model, the...

Persistent link: https://www.econbiz.de/10013210102

AI and Women's Employment in Europe

Albanesi, Stefania; Silva, António Dias da; Jimeno, Juan F. - National Bureau of Economic Research - 2025

We examine the link between the diffusion of artificial intelligence (AI) enabled technologies and changes in the female employment share in 16 European countries over the period 2011-2019. Using data for occupations at the 3-digit level, we find that on average female employment shares...

Persistent link: https://www.econbiz.de/10015326445

Remote Work and City Structure

Monte, Ferdinando; Porcher, Charly; Rossi-Hansberg, Esteban - National Bureau of Economic Research - 2023

We study the adoption of remote work within cities and its effect on city structure and welfare. We develop a dynamic model of a city in which workers can decide to work in the central business district (CBD) or partly at home. Working in the CBD allows them to interact with other commuters,...

Persistent link: https://www.econbiz.de/10014322881