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complementarity between capital and skill through the advancement of technology explains the polarization of labor income shares …
Persistent link: https://www.econbiz.de/10012182662
efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also …
Persistent link: https://www.econbiz.de/10013325102
efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also …
Persistent link: https://www.econbiz.de/10014206892
populace of Europe. We determine that the development of these dynamics are directly affected by the advancement of technology …
Persistent link: https://www.econbiz.de/10013021498
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10013324993
As the pace of digitalization and automation accelerates globally, and more disruptive innovations in machine learning, artificial intelligence and robotics are expected, new data sources and measurement tools are needed to complement existing valuable statistics and administrative data. This is...
Persistent link: https://www.econbiz.de/10011908122
Politicians, the media, and the public express concern that immigrants depress wages by competing with native workers … countries have found no effect on wages, on average, and only modest effects on wage differentials between more and less … educated immigrant and native workers. Native workers' wages have been insulated by differences in skills, adjustments in local …
Persistent link: https://www.econbiz.de/10011417057
In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu … impact of AI on jobs, inequality, wages, labor productivity and long-run GDP growth are explored. …
Persistent link: https://www.econbiz.de/10012517812
is given to the duration of the international experience, its contribution to earned wages and the selectivity of … both higher wages and a higher propensity to migrate. Moreover, we find positive returns for those who stay longer and …
Persistent link: https://www.econbiz.de/10015386900
Romania relatively high rates of temporary migration might have positive long-run effects on average skills and wages …
Persistent link: https://www.econbiz.de/10009569450