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De-routinization in the fourth industrial revolution : firm-level evidence

Arntz, Melanie; Genz, Sabrina; Gregory, Terry; Lehmer, … - 2024

This paper examines the extent to which aggregate-level de-routinization can be attributed to firm-level technology adoption during the most recent technological expansion. We use administrative data and a novel firm survey to distinguish frontier technologies from older technologies. We find...

Persistent link: https://www.econbiz.de/10014462259

Artificial Intelligence and the discovery of new ideas : is an economic growth explosion imminent?

Almeida, Derick; Naudé, Wim; Sequeira, Tiago Neves - 2024

Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an economic growth explosion. In this paper, we critically...

Persistent link: https://www.econbiz.de/10014464111

Automation and economic growth in a task-based neoclassical growth model

Ikeshita, Kenichiro; Uchida, Hideaki; Nakamura, Tamotsu - In: Metroeconomica : international review of economics 74 (2023) 4, pp. 908-927

Persistent link: https://www.econbiz.de/10014437476

Automation and income inequality in Europe

Doorley, Karina; Gromadzki, Jan; Lewandowski, Piotr; … - 2023

period marked by the rapid adoption of industrial robots. Automation reduced relative hourly wages and employment of more … input to the EUROMOD microsimulation model, we find that automation had minor effects on income inequality. Household labour … income diversification and tax and welfare policies largely absorbed labour market shocks caused by automation. Transfers …

Persistent link: https://www.econbiz.de/10014391207