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Automation and new tasks : how technology displaces and reinstates labor
Acemoglu, Daron; Restrepo, Pascual - 2019
We present a framework for understanding the effects of automation and other types of technological changes on labor demand, and use it to interpret changes in US employment over the recent past. At the center of our framework is the allocation of tasks to capital and labor - the task content of...
Persistent link: https://www.econbiz.de/10012001461
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Technology and Labor Displacement : Evidence from Linking Patents with Worker-Level Data
Kogan, Leonid; Papanikolaou, Dimitris; Schmidt, Lawrence; … - National Bureau of Economic Research - 2023
We develop measures of labor-saving and labor-augmenting technology exposure using textual analysis of patents and job tasks. Using US administrative data, we show that both measures negatively predict earnings growth of individual incumbent workers. While labor-saving technologies predict...
Persistent link: https://www.econbiz.de/10014436977
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Errors in Variables and Panel Data: The Labour Demand Response to Permanent Changes in Output
Biørn, Erik; Klette, Tor Jakob - 1994
This paper examines panel data modelling with latent variables in analyzing log-linear relations between inputs and output of firms. Our particular focus is on (i) the "increasing returns to scale puzzle" for labour input and (ii) the GMM estimation in the context of errors-in-variables and...
Persistent link: https://www.econbiz.de/10011967897
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Errors in Variables and Panel Data: The Labour Demand Response to Permanent Changes in Output
Biørn, Erik; Klette, Tor Jakob - Statistisk Sentralbyrå, Government of Norway - 1994
This paper examines panel data modelling with latent variables in analyzing log-linear relations between inputs and output of firms. Our particular focus is on (i) the "increasing returns to scale puzzle" for labour input and (ii) the GMM estimation in the context of errors-in-variables and...
Persistent link: https://www.econbiz.de/10004980551
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Atypical Contracts and Labour Demand: Evidence from Firm-Level Italian Data
Duranti, Silvia - In: Rivista di Politica Economica 99 (2009) 4, pp. 117-151
The paper provides an analysis of the firm-level determinants of atypical employment in Italy. Using a logit model, some evidence is found that the probability of stipulating atypical contracts is greater for large, northern Italian firms, investing in ICT and characterized by strong union...
Persistent link: https://www.econbiz.de/10010575288
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Wage-productivity gap in OECD economies
Elgin, Ceyhun; Kuzubas, Tolga Umut - 2013
The Walrasian theory of labor market equilibrium predicts that in the absence of any market frictions, workers earn a wage rate equal to their marginal productivity. However, this observation is not supported empirically for various economies. Based on the neoclassical tradition, the ratio of...
Persistent link: https://www.econbiz.de/10009710020
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Wage-productivity gap in OECD economies
Elgin, Ceyhun; Kuzubas, Tolga Umut - 2013
The Walrasian theory of labor market equilibrium predicts that in the absence of any market frictions, workers earn a wage rate equal to their marginal productivity. In this paper, based on the neoclassical tradition, the authors define the ratio of the marginal product of labor to real wages as...
Persistent link: https://www.econbiz.de/10009742947
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Widening Unemployment Differentials in Italy: the Role of Wage and Labour Productivity
Limosani, Michele - In: The European Labour Market. Regional Dimensions
Building on Layard and Jackman's framework, we propose a simple model to analyse the relation between labour productivity and unemployment regional differentials in Italy and present some panel data evidence to support the theoretical predictions of the model. The empirical analysis strongly...
Persistent link: https://www.econbiz.de/10010693111
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Do Computers Call for Training? Firm-level Evidence on Complementarities Between ICT and Human Capital Investments
Hempell, Thomas - 2003
This paper explores whether investments in information and communication technologies (ICT) and firm?sponsored training …?98. Results for a system of interrelated factor demands indicate that training complements ICT but not other capital goods. SYS …?GMM estimates of production functions reveal that ICT capital is most productive if complemented by training measures in skill …
Persistent link: https://www.econbiz.de/10010297271
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Do Computers Call for Training? Firm-level Evidence on Complementarities Between ICT and Human Capital Investments
Hempell, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2003
This paper explores whether investments in information and communication technologies (ICT) and firm?sponsored training …?98. Results for a system of interrelated factor demands indicate that training complements ICT but not other capital goods. SYS …?GMM estimates of production functions reveal that ICT capital is most productive if complemented by training measures in skill …
Persistent link: https://www.econbiz.de/10005097535