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Artificial intelligence and worker stress: Evidence from Germany
Koch, Michael; Lodefalk, Magnus - 2024
We use individual survey data providing detailed information on stress, technology adoption, and work, worker, and employer characteristics, in combination with recent measures of AI and robot exposure, to investigate how new technologies affect worker stress. We find a persistent negative...
Persistent link: https://www.econbiz.de/10014581241
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The Covid-19 pandemic spurred growth in automation: What does this mean for minority workers?
Broady, Kristen; Booth Bell, Darlene; Barr, Anthony; … - 2023
The Covid-19 pandemic has accelerated trends in automation as many employers seek to save on labor costs amid … explored how automation may displace nonspecialized jobs, there is typically less attention paid to how this displacement may … estimated risk of automation and underrepresented in the 30 occupations with the lowest estimated risk of automation. The …
Persistent link: https://www.econbiz.de/10014480645
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AI unboxed and jobs: A novel measure and firm-level evidence from three countries
Engberg, Erik; Görg, Holger; Lodefalk, Magnus; Javed, … - 2023
We unbox developments in artificial intelligence (AI) to estimate how exposure to these developments affect firm-level labour demand, using detailed register data from Denmark, Portugal and Sweden over two decades. Based on data on AI capabilities and occupational work content, We develop and...
Persistent link: https://www.econbiz.de/10014551567
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Measuring the welfare gain from personal computers: A macroeconomic approach
Kopecky, Karen A.; Greenwood, Jeremy - 2011
The welfare gain to consumers from the introduction of personal computers is estimated here. A simple model of consumer demand is formulated that uses a slightly modified version of standard preferences. The modification permits marginal utility, and hence total utility, to be finite when the...
Persistent link: https://www.econbiz.de/10010292344
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The macroeconomics of automation: Data, theory, and policy analysis
Jaimovich, Nir; Saporta-Eksten, Itay; Siu, Henry E.; … - 2020
investment. This allows us to quantify the role of advancement in automation technology in accounting for these labor market …
Persistent link: https://www.econbiz.de/10012166457
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The wage-productivity gap revisited: Is the labour share neutral to employment?
Karanassou, Marika; Sala, Hector - 2010
This paper challenges the prevailing view of the neutrality of the labour income share to labour demand, and investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages with respect to productivity, we demonstrate that...
Persistent link: https://www.econbiz.de/10010280741
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A reassessment of the use of unit labor costs as a tool for competitiveness and policy analyses in India
Felipe, Jesus; Kumar, Utsav - 2010
We reinterpret unit labor costs (ULC) as the product of the labor share in value added, times a price adjustment factor. This allows us to discuss the functional distribution of income. We use data from India's organized manufacturing sector and show that while India's ULC displays a clear...
Persistent link: https://www.econbiz.de/10010286515
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Financialisation and financial crisis in Iceland
Guðmundsson, Björn Rúnar - 2015
Financialisation in Iceland should be seen as an evolving process driven by a mixture of global and domestic forces. Responding to fundamental issues underlying macroeconomic imbalances, the authorities introduced policies that proved particularly supportive of financial expansion at a time when...
Persistent link: https://www.econbiz.de/10011310222
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The principle of effective demand: Marx, Kalecki, Keynes and beyond
Hein, Eckhard - 2015
The principle of effective demand, and the claim of its validity for a monetary production economy in the short and in the long run, is the core of heterodox macroeconomics, as currently found in all the different strands of post-Keynesian economics (Fundamentalists, Kaleckians, Sraffians,...
Persistent link: https://www.econbiz.de/10011381299
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Causes and consequences of the financial crisis and the implications for a more resilient financial and economic system
Hein, Eckhard - 2016
The increasing dominance of finance starting in the late 1970s/early 1980s in the US and the UK, and somewhat later in other countries, was associated with two fundamental and structural processes generating the contradictions of this phase of development and finally the financial and economic...
Persistent link: https://www.econbiz.de/10011431825