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population aging. Our findings indicate that recent technological developments centered on information and communication … technology, software, and robots do not adversely affect older workers. One possible explanation is that older workers may be …
Persistent link: https://www.econbiz.de/10014549286
population aging. Our findings indicate that recent technological developments centered on information and communication … technology, software, and robots do not adversely affect older workers. One possible explanation is that older workers may be …
Persistent link: https://www.econbiz.de/10014356005
Persistent link: https://www.econbiz.de/10014280247
develop a methodology to separately account for robots in the total capital stock. Increases in upstream, forward GVC …&D business functions. We do not find any direct effects of robot adoption; robotization affects labor only indirectly, by …
Persistent link: https://www.econbiz.de/10013549118
We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the …
Persistent link: https://www.econbiz.de/10011458839
We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of …
Persistent link: https://www.econbiz.de/10011555095
technology capital diffusion are major sources of the decline in the labor share. IPR protection is the only dimension of the …
Persistent link: https://www.econbiz.de/10011944843
To what extent can technological advances in the production of capital account for the recent, worldwide decline in the … (EOS) between capital and labor tend to fall below or around one, suggesting that a decline in the price of capital should … of capital relative to output has remained roughly constant, worldwide. This poses a challenge to the view that cheaper …
Persistent link: https://www.econbiz.de/10012138828
that data trends for the labor share, wages in effciency units, and labor in effciency units over capital can be matched by …
Persistent link: https://www.econbiz.de/10013119033
The non-constancy of factor shares is drawing the attention of many researchers. We document an average drop of the labour share of 8 percentage points for eight European countries and the US between 1980 and 2007. We investigate theoretically and empirically two mechanisms: the substitution...
Persistent link: https://www.econbiz.de/10011719015