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We investigate how workers adjust to firms' investments into new digital technologies, including artificial intelligence, augmented reality, or 3D printing. For this, we collected novel data that links survey information on firms' technology adoption to administrative social security data. We...
Persistent link: https://www.econbiz.de/10012603258
The digital transformation imposes both opportunities and risks for creativity and for creative employment, with implications for trends in income levels and the distribution of income. First, we consider skill-biased technological change as a determinant of income and labor market outcomes in...
Persistent link: https://www.econbiz.de/10011961140
exposure to these automation technologies affects employment and wages across these different phases of their life cycle. We …
Persistent link: https://www.econbiz.de/10014490819
We investigate how workers adjust to firms' investments into new digital technologies, including artificial intelligence, augmented reality, or 3D printing. For this, we collected novel data that links survey information on firms' technology adoption to administrative social security data. We...
Persistent link: https://www.econbiz.de/10012625070
We investigate how workers adjust to firms' investments into new digital technologies, including artificial intelligence, augmented reality, or 3D printing. For this, we collected novel data that links survey information on firms' technology adoption to administrative social security data. We...
Persistent link: https://www.econbiz.de/10012658205
How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate, and what types of worker will be replaced as a result? We present a model that distinguishes between a task's engineering complexity and its training requirements. When two...
Persistent link: https://www.econbiz.de/10010478513
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010417976
.S. industries that paid 10 percent higher wages in 1980 …
Persistent link: https://www.econbiz.de/10012972946
The purpose of this paper is to investigate the mechanisms underlying the relationship between automation and labor market polarization. To do so, we build an agent-based model (ABM) in which workers, heterogeneous in nature and level of skills, interact endogenously on a decentralized labor...
Persistent link: https://www.econbiz.de/10012625746
decompose wages into firm and worker components. We find that the rise of market access and competitiveness of the East has a … explain changes in the firm wage premium. The rising dispersion in worker-specific wages can be attributed to increasing skill …-specific wages. Overall, trade explains up to 19% of the recent increase in wage inequality and slightly exceeds the technology …
Persistent link: https://www.econbiz.de/10011572540