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central role of automation and new tasks in recent labor market trends. We also explain how general equilibrium effects …
Persistent link: https://www.econbiz.de/10015056199
In this paper, I first show that Swedish job polarization is - contrary to common belief - a long-run phenomenon: the share of middle-wage jobs has declined relative to the highest- and lowest-paid jobs since at least the 1950s. Based on previous results for the US, I then demonstrate that the...
Persistent link: https://www.econbiz.de/10011756515
This paper studies the effects of automation in economies with labor market distortions that generate worker rents--wages … above opportunity cost--in some jobs. We show that automation targets high-rent tasks, dissipating rents and amplifying wage … losses from automation. It also reduces within-group wage dispersion for exposed groups. Automation-driven rent dissipation …
Persistent link: https://www.econbiz.de/10014576564
The last decades have witnessed a revolution in manufacturing production characterized by increasing technology …, the International Federation of Robotics, EU KLEMS, and COMTRADE, we study the causal effect of industrial automation on … for top income fractiles. Therefore, industrial automation fuels income inequality and, particularly, top income …
Persistent link: https://www.econbiz.de/10014466644
We investigate heterogeneous effects of new digital technologies on the individual-level employment- and wage dynamics in the U.S. labor market in the period from 2011-2018. We employ three measures that reflect different aspects of impacts of new digital technologies on occupations. The first...
Persistent link: https://www.econbiz.de/10011993983
-skilled workers, caused mainly by computerization and related forms of advanced technology, explain both the declining wages of low …Measured by changes in real wages, earnings inequality and unemployment, the economic position of lower skilled workers … alternative account might take that places less weight on technology driven demand shifts and greater weight on the effects of …
Persistent link: https://www.econbiz.de/10014216462
Persistent link: https://www.econbiz.de/10015084261
We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 … that were specialized in routine activities differentially adopted information technology, reallocated low skill labor into …
Persistent link: https://www.econbiz.de/10009679627
Three fundamental forces have shaped labor markets over the last 50 years: the secular increase in the returns to education, educational upgrading, and the integration of large numbers of women into the workforce. We modify the Katz and Murphy (1992) framework to predict the structure of the...
Persistent link: https://www.econbiz.de/10010228790
manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …
Persistent link: https://www.econbiz.de/10010410225