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We modify the concept of the middle-income trap (MIT) against the background of the Fourth Industrial Revolution and the (future) challenges of automation (creating the concept of the "MIT 2.0") and discuss the implications for developing Asia. In particular, we analyze the impacts of...
Persistent link: https://www.econbiz.de/10012206273
We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general...
Persistent link: https://www.econbiz.de/10011998090
In this paper we investigate whether human capital accumulation, during adolescence, depends on home investments in Information and Communication Technologies (ICT) equipment. Using micro-level data, for children aged 17-18 years old, drawn from the Greek part of the European Union Statistics on...
Persistent link: https://www.econbiz.de/10013329788
The productivity-enhancing effects of digitalisation have generated increased interest in the promotion of digital technologies. This report provides different estimations for euro area countries of the impact of digital uptake on productivity at firm level, showing that the adoption of digital...
Persistent link: https://www.econbiz.de/10014479720
We examine a little-known restriction on high-skill immigration to the United States, the Exchange Visitor Skills List. This List mandates that to become eligible for long-term status in the U.S., certain high-skill visitors must reside in their home countries for two years after participation...
Persistent link: https://www.econbiz.de/10015062368
Which types of human capital influence the adoption of advanced technologies? We study the skill-biased adoption of information and communication technologies (ICT) across two waves in the UK. Specifically, we compare the "new wave" of cloud and machine learning / AI technologies during the...
Persistent link: https://www.econbiz.de/10015074528
This paper investigates the impact of artificial intelligence (AI) adoption in production processes on workplace training practices, using firm-level data from the BIBB establishment panel on training and competence development (2019-2021). The findings reveal that AI adoption reduces the...
Persistent link: https://www.econbiz.de/10015075915
With 70 million dead, World War II remains the most devastating conflict in history. Of the survivors, millions were displaced, returned maimed from the battlefield, or spent years in captivity. We examine the impact of such wartime experiences on labor market careers and show that they often...
Persistent link: https://www.econbiz.de/10014296784
This paper examines the empirical implications of technological changes for skill demand and wage inequality in Indonesia. According to the National Labor Force Survey of Indonesia, the share of educated workers and wage skill premium increased significantly over 2003–2009 for overall industry...
Persistent link: https://www.econbiz.de/10010507393
This paper studies the question whether skill-biased technical change diffuses internationally and that way contributes to the increasing relative skill demand in other countries. So far, the role of skill-biased technology diffusion has hardly been studied empirically. Using new sectoral data...
Persistent link: https://www.econbiz.de/10011418759