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We evaluate the 1968 H3N2 Flu pandemic’s economic cost in a cross-section of 52 countries. Using excess mortality rates ….9%). Our main findings highlight the role of both negative demand-side and supply-side shocks in the flu pandemic’s aftermath. …
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This paper examines the effects of the COVID-19 pandemic on the returns to education in the United States. Using data from the Current Population Survey 2011-2022, the analysis reveals that, after a period of decline, returns to education increased significantly because of COVID, particularly...
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We analyze how and through which channels wage inequality is affected by the rise in automation and robotization in the … different individual, firm and industry characteristics with data on industrial robots and automation probabilities of … automation threat lead to higher wage inequality, which is observable over the whole considered time period. The effect of …
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income inequality in the U.S. during 2010–2015. We exploit spatial and time variations in exposure to robots arising from … for top income fractiles. Therefore, industrial automation fuels income inequality and, particularly, top income … inequality. According to our estimates, one more robot per thousand workers results in relative increments of the total taxable …
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