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Innovation Networks in the Industrial Revolution
Rosenberger, Lukas; Hanlon, W. Walker; Hallmann, Carl - National Bureau of Economic Research - 2024
How did Britain sustain faster rates of economic growth than comparable European countries, such as France, during the Industrial Revolution? We argue that Britain possessed an important but underappreciated innovation advantage: British inventors worked in technologies that were more central...
Persistent link: https://www.econbiz.de/10015056202
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Inequality, Technology, and the Social Contract
Benabou, Roland - 2004
the flexibility of their production processes to the distribution of workers' skills. The greater is human capital …
Persistent link: https://www.econbiz.de/10012468322
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New Technologies and Jobs in Europe
Albanesi, Stefania; Silva, António Dias da; Jimeno, Juan F. - National Bureau of Economic Research - 2023
We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011- 2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased...
Persistent link: https://www.econbiz.de/10014322745
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The Simple Macroeconomics of AI
Acemoglu, Daron - National Bureau of Economic Research - 2024
This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the...
Persistent link: https://www.econbiz.de/10014544765
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Skills, Tasks and Technologies : Implications for Employment and Earnings
Acemoglu, Daron - 2010
A central organizing framework of the voluminous recent literature studying changes in the returns to skills and the … supply and demand for skills by assuming two distinct skill groups that perform two different and imperfectly substitutable … economies are shaped by the interactions among worker skills, job tasks, evolving technologies, and shifting trading …
Persistent link: https://www.econbiz.de/10012462573
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Technology and the Demand for Skill : An Analysis of Within and Between Firm Differences
Abowd, John M. - 2007
We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated employer-employee data from the U.S. Census Bureau's Longitudinal Employer-Household Dynamics Program infrastructure files spanning two Economic Censuses (1992 and 1997). We...
Persistent link: https://www.econbiz.de/10012465611
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Skill Biased Technological Change and Rising Wage Inequality : Some Problems and Puzzles
Card, David - 2002
The rise in wage inequality in the U.S. labor market during the 1980s is usually attributed to skill-biased technical change (SBTC), associated with the development of personal computers and related information technologies. We review the evidence in favor of this hypothesis, focusing on the...
Persistent link: https://www.econbiz.de/10012469946
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Technology and Skill : Twin Engines of Growth
Stokey, Nancy L. - 2018
A model is developed in which two complementary forms of investment contribute to growth--technology and skill acquisition, and growth takes two forms--TFP and variety growth. The rate of TFP growth depends more heavily on the parameters governing skill accumulation, while variety growth...
Persistent link: https://www.econbiz.de/10012453146
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Human Capital and Industrialization : Evidence from the Age of Enlightenment
Squicciarini, Mara P. - 2014
While human capital is a strong predictor of economic development today, its importance for the Industrial Revolution has typically been assessed as minor. To resolve this puzzling contrast, we differentiate average human capital (literacy) from upper-tail knowledge. As a proxy for the...
Persistent link: https://www.econbiz.de/10012458447
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Technical Change, Inequality, and the Labor Market
Acemoglu, Daron - 2000
turn likely to have been a response to the acceleration in the supply of skills during the past several decades …
Persistent link: https://www.econbiz.de/10012470950