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polarization resulted from increased automation, and provide a theoretical explanation. In our model, firms deciding whether to … fall. In addition to explaining job polarization, our model makes sense of observed patterns of automation and accounts for …
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changes in developed economies. We study the occupational dynamics in the western part of Germany over the last three decades …
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We analyze the effects of automation on the wages of high-skilled and low-skilled workers and thereby on the evolution …
Persistent link: https://www.econbiz.de/10011705248
We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either … capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of … intermediate complexity are assigned to capital. Interior automation arises when the most skilled workers have a comparative …
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We analyze the effects of automation on the wages of high-skilled and low- skilled workers and thereby on the evolution …
Persistent link: https://www.econbiz.de/10011729188
For whom has earnings risk changed, and why? To answer these questions, we develop a filtering method that estimates parameters of an income process and recovers persistent and temporary earnings for every individual at every point in time. Our estimation flexibly allows for first and second...
Persistent link: https://www.econbiz.de/10012794595