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The world is changing rapidly. This paper describes key shifts and it discusses their likely impacts on employment-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However, there will be no "end of work". Rather, it is that...
Persistent link: https://www.econbiz.de/10011279740
higher robot intensity, driven by their endogenously higher wages and stock of complementary traditional capital. In addition …
Persistent link: https://www.econbiz.de/10012302048
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely aect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
Persistent link: https://www.econbiz.de/10012504766
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely affect the employment share of low-skilled labor. We show that these effects hold only, when comparing hardly-robotizing with highly-robotizing sectors and...
Persistent link: https://www.econbiz.de/10012432819
Persistent link: https://www.econbiz.de/10013536502
In a seminal paper Graetz and Michaels (2018) find that robots increase labor productivity and TFP, lower output prices and adversely affect the employment share of lowskilled labor. We demonstrate that these effects are heavily influenced by the sample composition and argue that focusing on...
Persistent link: https://www.econbiz.de/10012695996
automation also helps improve productivity of old age groups but in a different way. When robot density increases, old age groups …
Persistent link: https://www.econbiz.de/10012242100
Technological advancements bring changes to our life, altering our behaviors as well as our role in the economy. In this paper, we examine the potential effect of the rise of robotic technology on health. The results of the analysis suggest that higher penetration of industrial robots in the...
Persistent link: https://www.econbiz.de/10012244347
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