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wages for managers and reduces wages for workers performing offshorable tasks. The positive effect of FDI on managers' wages …This paper investigates to which extent outward foreign direct investment (FDI) affects domestic wages. We are first …
Persistent link: https://www.econbiz.de/10011374041
wages for managers and reduces wages for workers performing offshorable tasks. The positive effect of FDI on managers' wages …This paper investigates to which extent outward foreign direct investment (FDI) affects domestic wages. We are first …
Persistent link: https://www.econbiz.de/10011283187
allocation of tasks to capital and labor - the task content of production. Automation, which enables capital to replace labor in … tasks it was previously engaged in, shifts the task content of production against labor because of a displacement effect. As … productivity. The effects of automation are counterbalanced by the creation of new tasks in which labor has a comparative advantage …
Persistent link: https://www.econbiz.de/10012001461
advantage in the most complex tasks relative to capital, and because the wages of the least skilled workers are sufficiently low … relative to their productivity and the effective cost of capital in low-complexity tasks. Minimum wages and other sources of …We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either …
Persistent link: https://www.econbiz.de/10014496402
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into good and bad jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that this...
Persistent link: https://www.econbiz.de/10010276474
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into "good" and "bad" jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that...
Persistent link: https://www.econbiz.de/10011601006
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into "good" and "bad" jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that...
Persistent link: https://www.econbiz.de/10008936432
theoretical and an empirical point of view. Given that jobs can be broken down into tasks, namely units of work activities … producing output, we empirically test whether part of the observed variation in wages across similar individuals is related to … differences in the intensity with which tasks are implemented. We then investigate whether the variety in task implementation …
Persistent link: https://www.econbiz.de/10011428586
The impact of offshoring on domestic jobs is more complicated than it first appears. In the standard narrative …, offshoring production is thought to harm domestic workers by providing cheap alternative sources of labor. However, while … offshoring may directly displace domestic workers, the resulting foreign market access and lower production costs allow domestic …
Persistent link: https://www.econbiz.de/10011433366
inequality, during the decade 2010-2019. Our results allow us to formulate a “conveyor-belt” hypothesis, whereas digital skills … and the labour market. The overall effects on inequality are, however, limited. …
Persistent link: https://www.econbiz.de/10015132851