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we combine (i) indicators of potential automatability by occupation and (ii) worker’s information on occupation and other …
Persistent link: https://www.econbiz.de/10012231332
We examine the concerns that new technologies will render labor redundant in a framework in which tasks previously performed by labor can be automated and new versions of existing tasks, in which labor has a comparative advantage, can be created. In a static version where capital is fixed and...
Persistent link: https://www.econbiz.de/10011573063
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational …" conditions, no information is acquired and no investment made. In "sweet" conditions, investment is made "blindly", i.e. without … acquiring costly information. In intermediate, "normal" conditions, the decision-maker acquires information and conditions the …
Persistent link: https://www.econbiz.de/10011667675
We investigate the impact of computerization of white-collar jobs on wages and employment. Using online job postings from 2007 and 2010-2016 for office and administrative support (OAS) jobs, we show that when firms adopt new software at the job-title level they increase the skills required of...
Persistent link: https://www.econbiz.de/10012061487
Forecasts about the effect of new technologies on labor demand are generally pessimistic. However, little is known about the current level of adoption and the effect on labor demand, particularly in developing countries. This paper exploits a recent employer survey in Peru to offer empirical...
Persistent link: https://www.econbiz.de/10012098120
We investigate the relationship between hours per worker and employment polarisation. Our core question is whether hours per worker follow the same polarisation patterns as previously observed for employment, measured by either heads or total hours. Using the occupational task index measures of...
Persistent link: https://www.econbiz.de/10012115768
To rationalize a substantial income share of labor despite progressive task automation over the centuries, we present a simple model in which demand moves along a vertically differentiated production structure toward goods of increasing sophistication. Automation of more sophisticated goods...
Persistent link: https://www.econbiz.de/10012012963
are primarily information and communication technology- and data-related positions within professional and associate …
Persistent link: https://www.econbiz.de/10012014312
A new wave of innovation is beginning to disrupt industry on a global scale. It constitutes a tremendous opportunity for faster productivity growth, but also a potential disruption to a number of economic sectors and to job markets. Academic research and the public debate have focused mostly on...
Persistent link: https://www.econbiz.de/10011809882
A fast-growing literature shows that digital technologies are displacing labor from routine tasks, raising concerns that labor is racing against the machine. We develop a task-based framework to estimate the aggregate labor demand and employment effects of routine-replacing technological change...
Persistent link: https://www.econbiz.de/10011903802