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Recent evidence suggests that recessions play a crucial role in promoting automation and the reallocation of productive … resources. Consistent with this, I show that in the three previous Canadian recessions, routine jobs were disproportionately …, income groups, industries, and regions, the two indices are strongly negatively correlated, suggesting that automation will …
Persistent link: https://www.econbiz.de/10012285610
-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However …
Persistent link: https://www.econbiz.de/10011279740
The productivity-enhancing effects of digitalisation have generated increased interest in the promotion of digital … technologies. This report provides different estimations for euro area countries of the impact of digital uptake on productivity at … firm level, showing that the adoption of digital technologies could lead to an increase in firms' productivity in the …
Persistent link: https://www.econbiz.de/10014479720
humans can be productively employed. Recent technological change has been biased towards automation, with insufficient focus … labor demand, declining labor share in national income, rising inequality and lower productivity growth. The current … tendency is to develop AI in the direction of further automation, but this might mean missing out on the promise of the "right …
Persistent link: https://www.econbiz.de/10012001438
This paper assesses the importance of digitalization in Germany and other developed countries with a particular attention to the potential or actual impact it may have on the labor market. Referring to available empirical evidence, we document the already developing transformation of occupations...
Persistent link: https://www.econbiz.de/10011555965
Digitalization is the buzzword under which profound changes of the labor market can be summarized. Next to automation …
Persistent link: https://www.econbiz.de/10011758434
Based on the methodology proposed by Frey and Osborne (2017), we use their estimates for the probability of automation … assessment for the threat that automation may pose to the Mexican labor market. We find that almost two thirds of total … employment is at high risk of automation; slightly more than half if we only consider employment in the formal sector. We argue …
Persistent link: https://www.econbiz.de/10012224000
We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two...
Persistent link: https://www.econbiz.de/10010263536
been uneven across industries and the impact on productivity growth in most firms has been modest so far. …
Persistent link: https://www.econbiz.de/10012259021
recessions accelerate this process. In doing so we establish a new fact about the demand for skill over the business cycle. Using …
Persistent link: https://www.econbiz.de/10011760041