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Can the labor demand curve explain job polarization?

Peichl, Andreas; Popp, Martin - 2022

a skill- and a novel task-based division of the workforce, our elasticity estimates show that supply shifts from …. Während Verschiebungen der Arbeitsnachfrage, nämlich eine vermehrte Ausübung von Routine-Tätigkeiten sowie die Verlagerung von … erklären können. Zu diesem Zweck bestimmen wir unkonditionale Lohnelastizitäten der Arbeitsnachfrage, indem wir zum ersten Mal …

Persistent link: https://www.econbiz.de/10013341841

Automation and polarization

Acemoglu, Daron; Löbbing, Jonas - 2023

skill premium above a skill threshold and reduces the skill premium below this threshold. Moreover, automation tends to … increases in capital productivity ultimately induce a transition to low-skill automation and qualitatively alter the effects of … automation - thereafter inducing monotone increases in skill premia rather than wage polarization. …

Persistent link: https://www.econbiz.de/10014496402

Artificial intelligence and high-skilled work : evidence from analysts

Grennan, Jillian; Michaely, Roni - 2020

Policymakers fear artificial intelligence (AI) will disrupt labor markets, especially for high-skilled workers. We investigate this concern using novel, task-specific data for security analysts. Exploiting variation in AI's power across stocks, we show analysts with portfolios that are more...

Persistent link: https://www.econbiz.de/10012419400

Automation and new tasks : how technology displaces and reinstates labor

Acemoglu, Daron; Restrepo, Pascual - 2019

, especially in manufacturing, a weaker reinstatement effect, and slower growth of productivity than in previous decades. …

Persistent link: https://www.econbiz.de/10012001461

Automation and labor demand in European countries : a task-based approach to wage bill decomposition

Lábaj, Martin; Vitáloš, Matej - 2019

To understand the effects of automation and other types of technological changes on European labor demand, we use a framework and empirical decomposition of observed changes in the total wage bill in the economy developed by Acemoglu and Restrepo (2019). The decomposition is derived from a...

Persistent link: https://www.econbiz.de/10012129199

Modeling automation

Acemoglu, Daron; Restrepo, Pascual - 2018

This paper points out that modeling automation as factor-augmenting technological change has several unappealing implications. Instead, modeling it as the process of machines replacing tasks previously performed by labor is both descriptively realistic and leads to distinct and empirically...

Persistent link: https://www.econbiz.de/10011797210

Labor demand and unequal payment : does wage inequality matter? ; analyzing the influence of intra-firm wage dispersion on labor demand with German employer-employee data

Kölling, Arnd - 2014 - This Version: Nov. 11th 2014

This paper examines the relationship between intra-firm wage dispersion and establishments' employment in a theoretical analysis and empirical regressions using German "Linked Employer-Employee Data from the IAB" (LIAB) for the years of 1996 through 2008. Therefore, fractional probit models for...

Persistent link: https://www.econbiz.de/10010440622

India's increasing skill premium : role of demand and supply

Azam, Mehtabul - 2009

The tertiary-secondary (college-high school) wage premium has been increasing in India over the past decade, but the increase differs across age groups. The increase in wage premium has been driven mostly by younger age groups, while older age groups have not experienced any significant...

Persistent link: https://www.econbiz.de/10003801084

Wage inequality in Germany : disentangling demand and supply effects

Stimmelmayr, Michael - 2009

elasticity of substitution production function and the endogenous labor supply of three different skill types, which enable us to … isolate the impact of capital-skill complementarity (i.e., demand effects) and varying skill-specific labor supply (i ….e., supply effects) on the evolution of the skill premia as defined by the 9th to 1st, the 9th to 5th, and the 5th to 1st decile …

Persistent link: https://www.econbiz.de/10003887484

Employers' skills requirements in the Austrian labour market : on the relative importance of ICT, cognitive and non-cognitive skills over the past 15 years

Leitner, Sandra M.; Reiter, Oliver - 2020

and the relative importance of, and demand for, different skill types over time. It develops a taxonomy which classifies …

Persistent link: https://www.econbiz.de/10012391616