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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
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/10014467790
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
, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which … on creating new tasks where labor can be productively employed. The consequences of this choice have been stagnating … labor demand, declining labor share in national income, rising inequality and lower productivity growth. The current …
Persistent link: https://www.econbiz.de/10012005993
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/10012005994
, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which … on creating new tasks where labor can be productively employed. The consequences of this choice have been stagnating … labor demand, declining labor share in national income, rising inequality and lower productivity growth. The current …
Persistent link: https://www.econbiz.de/10012001438
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
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 this...
Persistent link: https://www.econbiz.de/10010276474
Occupational Information Network to explore the relevance of these four frameworks for explaining earnings inequality between 2000 … by minimum wages, without which we expect wage growth there would have resembled the weaker growth of the middle of the …
Persistent link: https://www.econbiz.de/10012424042