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The race between machine and man : implications of technology for growth, factor shares and employment
Acemoglu, Daron; Restrepo, Pascual - 2016
Persistent link: https://www.econbiz.de/10011492648
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The Race between Machine and Man : Implications of Technology for Growth, Factor Shares and Employment
Acemoglu, Daron - 2016
created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the labor … capital accumulation and the direction of research towards automation and the creation of new tasks. If the long-run rental … rate of capital relative to the wage is sufficiently low, the long-run equilibrium involves automation of all tasks …
Persistent link: https://www.econbiz.de/10012992141
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The race between machine and man : implications of technology for growth, factor shares and employment
Acemoglu, Daron; Restrepo, Pascual - 2016
created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the labor … capital accumulation and the direction of research towards automation and the creation of new tasks. If the long-run rental … rate of capital relative to the wage is sufficiently low, the long-run equilibrium involves automation of all tasks …
Persistent link: https://www.econbiz.de/10011573063
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The Race Between Machine and Man : Implications of Technology for Growth, Factor Shares and Employment
Acemoglu, Daron - 2016
created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the labor … capital accumulation and the direction of research towards automation and the creation of new tasks. If the long-run rental … rate of capital relative to the wage is sufficiently low, the long-run equilibrium involves automation of all tasks …
Persistent link: https://www.econbiz.de/10012456424
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Automation, growth, and factor shares in the era of population aging
Irmen, Andreas - 2021
processes? The present paper addresses this question in a new macroeconomic model of automation where competitive firms perform … and substitute for labor in the performance of tasks. Automation is labor-augmenting in the reduced-form aggregate … though the aggregate production function is Cobb-Douglas. Population aging due to a higher longevity reduces automation in …
Persistent link: https://www.econbiz.de/10012597831
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Automation, growth, and factor shares in the era of population aging
Irmen, Andreas - 2020 - This version: May 1, 2020
Persistent link: https://www.econbiz.de/10012258564
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Automation, growth, and factor shares in the era of population aging
Irmen, Andreas - In: Journal of economic growth 26 (2021) 4, pp. 415-453
Persistent link: https://www.econbiz.de/10012656200
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Countercyclical elasticity of substitution
Koh, Dongya; Santaeulàlia-Llopis, Raül - 2022
Persistent link: https://www.econbiz.de/10013186227
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No longer qualified? : changes in the supply and demand for skills within occupations
Burke, Mary A.; Sasser, Alicia; Sadighi, Shahriar; … - 2020 - This version: October 2019
Using a novel database of 159 million online job postings, we examine changes in employer skill requirements for education and specific skillsets between 2007 and 2017. We find that upskilling - in terms of increasing demands for bachelor's degrees as well as software skills - was a persistent...
Persistent link: https://www.econbiz.de/10012224850
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No longer qualified? : changes in the supply and demand for skills within occupations
Sasser, Alicia; Burke, Mary A.; Sadighi, Shahriar; … - 2023
Although labor market "mismatch" often refers to an imbalances in supply and demand across occupations, mismatch within occupations can arise if skill requirements are changing over time, potentially reducing aggregate matching efficiency within the labor market. To test this, we examine changes...
Persistent link: https://www.econbiz.de/10014419499