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Nations that have managed to become rich have had institutional features that supported incentives for value creation while ensuring that the ways insiders and special interest groups can extract monopoly rents are limited. Improved skills have been a central component of helping individuals and...
Persistent link: https://www.econbiz.de/10011702154
We study how technological change affects between‐ and within‐education‐group inequality in the United States. We develop a model with heterogeneous workers and firms in which the demand for skills is characterized by firms' recruiting behavior. We use the model to quantify the relative...
Persistent link: https://www.econbiz.de/10015053136
trade integration. Using administrative data for both Denmark (1993-2012) and Portugal (1993-2011), we perform a two … both the average and the standard deviation of skills increase as a result of trade integration. For Portugal we find …
Persistent link: https://www.econbiz.de/10011502413
people with lower levels of schooling? It focuses on Portugal, where the higher education system has been expanding at a fast …
Persistent link: https://www.econbiz.de/10013319040
Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011951702
Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …
Persistent link: https://www.econbiz.de/10012168132
while they negatively influence the wages of the unskilled. -- Innovation ; employment ; wages ; Poland …
Persistent link: https://www.econbiz.de/10003887934
Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …
Persistent link: https://www.econbiz.de/10012840527
Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...
Persistent link: https://www.econbiz.de/10012001438
The diffusion of digital technologies and their impact on employment and skills is investigated inthis article considering six major European countries (Germany, France, Spain, Italy, the Netherlands and the United Kingdom) and 42 manufacturing and service industriesover the 2009-2014 period. We...
Persistent link: https://www.econbiz.de/10012123474