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, we show analysts with portfolios that are more exposed to AI are more likely to reallocate efforts to soft skills, shift … accurate analysts, leaving for non-research jobs. Reallocating efforts toward tasks that rely on social skills improve … consensus forecasts. However, increased exposure to AI reduces the novelty in analysts' research which reduces compensation …
Persistent link: https://www.econbiz.de/10012419400
between technology, skills and the organisation of work. We then provide novel econometric evidence on the positive effects of … human capital and training. Among the notable results of the paper, labour flexibility does not seem to favour new …
Persistent link: https://www.econbiz.de/10012436317
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012599109
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Occupations and sectors are the two fundamental dimensions of structural change. From the evolution of the high/low-skill employment levels and wage ratio, we can understand which sectors have been undertaking a process of technical change. By using Eu-Silc database we investigate four...
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We use data from a new international dataset - the European Skills and Jobs Survey - to create a unique measure of … skills-displacing technological change (SDT), defined as technological change that may render workers' skills obsolete. We … contribution of automation to the task content and skills complexity of the jobs of incumbent workers. Despite the recent focus on …
Persistent link: https://www.econbiz.de/10012062977
This paper explores the contribution of structural change and the skill upgrading of the labour force to productivity … been driven by the reallocation of higher-educated labour between sectors rather than the absorption of highly educated …, the overall skills upgrading is negatively associated with productivity growth, suggesting a downward sloping return to …
Persistent link: https://www.econbiz.de/10012174029