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-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
We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the … diverted to automation that maximizes the long-run growth rate of the economy; (iv) the labor share declines with automation to …
Persistent link: https://www.econbiz.de/10011458839
We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …
Persistent link: https://www.econbiz.de/10011555095
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
How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate …
Persistent link: https://www.econbiz.de/10010478513
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automation, skill-biased technical change, offshoring, and worker training. Using the model, I characterize how wages, the … to workers. I introduce automation as the choice of the optimal size and location of a mass of identical robots in the … task space. Automation displaces workers by replacing them in the performance of tasks, generating a cascading effect on …
Persistent link: https://www.econbiz.de/10012802671
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