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do affect the composition of aggregate employment. Every robot destroys two manufacturing jobs. This accounts for almost … 23 percent of the overall decline of manufacturing employment in Germany over the period 1994-2014, roughly 275,000 jobs … cost of lower wages. The negative impact of robots on individual earnings arises mainly for medium-skilled workers in …
Persistent link: https://www.econbiz.de/10011725680
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological … technology by adopting broadband internet. A public program with limited funding rolled out broadband access points, and provides … examine how it shifts the production technology and changes the productivity and labor outcomes of different types of workers …
Persistent link: https://www.econbiz.de/10010221546
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological … technology by adopting broadband internet. A public program with limited funding rolled out broadband access points, and provides … examine how it shifts the production technology and changes the productivity and labor outcomes of different types of workers …
Persistent link: https://www.econbiz.de/10013034624
The impact of robots on employment and trade is a highly discussed topic in the academic and public debates … advantage. We provide evidence on the effects of robots on worldwide employment, including emerging economies. To instrument the …. Robots turn out to have a significantly negative impact on worldwide employment. While it is small in developed countries …
Persistent link: https://www.econbiz.de/10012431525
The impact of robots on employment and trade is a highly discussed topic in the academic And public debates … advantage. We provide evidence on the effects of robots on worldwide employment, including emerging economies. To instrument the …. Robots turn out to have a significantly negative impact on worldwide employment. While it is small in developed countries …
Persistent link: https://www.econbiz.de/10012175271
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Persistent link: https://www.econbiz.de/10011740437
Persistent link: https://www.econbiz.de/10013482266
-commerce firm's fulfillment centers reduces traditional retail workers' income in geographically proximate counties by 2.4%. Wages … (employment) at proximate stores decrease by 4% (2.1%). Exits, especially of young and small stores, increase, and entry decreases …
Persistent link: https://www.econbiz.de/10013210105
We study the interactions between cryptocurrencies, stock markets, and economic policy uncertainty (EPU) by means of a Factor-Augmented Vector Autoregressive (FAVAR) framework. We rely on two market factors to model the comovements of returns within cryptocurrencies and stock markets. We...
Persistent link: https://www.econbiz.de/10014254302