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Recent evidence for the U.S. suggests that recessions play a crucial role in promoting automation and the reallocation …
Persistent link: https://www.econbiz.de/10012241594
Recent evidence suggests that recessions play a crucial role in promoting automation and the reallocation of productive …, income groups, industries, and regions, the two indices are strongly negatively correlated, suggesting that automation will …
Persistent link: https://www.econbiz.de/10012285610
The authors explore the impact of artificial intelligence on the economy by improving the neoclassical production function and the task-based model. Based on the capital accumulation of artificial intelligence and technological progress, they present a theoretical model that explores the effect...
Persistent link: https://www.econbiz.de/10012060689
developments, some argue that large shares of jobs are "at risk of automation", spurring public fears of massive job-losses and …. First, the chapter discusses estimates of automation potentials, showing that many estimates are severely upward biased …
Persistent link: https://www.econbiz.de/10012022792
investment. This allows us to quantify the role of advancement in automation technology in accounting for these labor market …
Persistent link: https://www.econbiz.de/10012161124
investment. This allows us to quantify the role of advancement in automation technology in accounting for these labor market …
Persistent link: https://www.econbiz.de/10012165673
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What is the effect of robots and tools on employment and inequality? Using natural language processing and an instrumental variable approach, we discover that robots have led to a sizable decrease in the employment and wages of low-skill workers in operational occupations. However, tools -...
Persistent link: https://www.econbiz.de/10014433805