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Computers can substitute for many tasks currently performed by humans and are likely to change occupations in the near future. However, it is not likely that entire occupations will disappear. In this context, little attention has been paid to possible impacts of digital transformation on...
Persistent link: https://www.econbiz.de/10014504146
-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However …
Persistent link: https://www.econbiz.de/10011348257
Automation and globalization have brought about a tremendous increase in productivity, but also accelerated job … redistributing the gains from automation and globalization, providing efficient buffers against economic shocks, and advancing the …
Persistent link: https://www.econbiz.de/10011404954
We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …
Persistent link: https://www.econbiz.de/10011555352
We analyze the effects of declining population growth on the adoption of automation technology. A standard theoretical … framework of the accumulation of traditional physical capital and of automation capital predicts that countries with a lower … population growth rate are the ones that innovate and/or adopt new automation technologies faster. We test the theoretical …
Persistent link: https://www.econbiz.de/10011619849
We analyze the long-run growth effects of automation in the standard overlap- ping generations framework. We show that …, in contrast to other neoclassical models of capital accumulation, automation does not promote growth but induces economic … stagnation. The reason is that automation suppresses wages, which are the only source of investment in the overlapping …
Persistent link: https://www.econbiz.de/10011620795
We analyze the effect of automation on economic growth and inequality in an R&D-based growth model with two types of … model predicts that innovationdriven growth leads to increasing automation, an increasing skill premium, an increasing …
Persistent link: https://www.econbiz.de/10011620796
population ageing and increased automation for indicators of sustainability for the Nordic welfare states. …
Persistent link: https://www.econbiz.de/10011636632
We analyze the effects of declining population growth on automation. A simple theoretical model of capital accumulation … predicts that countries with lower population growth introduce automation technologies earlier. We test the theoretical …
Persistent link: https://www.econbiz.de/10011639408
This paper assesses the importance of digitalization in Germany and other developed countries with a particular attention to the potential or actual impact it may have on the labor market. Referring to available empirical evidence, we document the already developing transformation of occupations...
Persistent link: https://www.econbiz.de/10011663472