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We analyze how and through which channels wage inequality is affected by the rise in automation and robotization in the … different individual, firm and industry characteristics with data on industrial robots and automation probabilities of … evidence that besides personal characteristics like age and education the rise in automation and robotization contributes …
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We analyze the effects of automation on the wages of high-skilled and low-skilled workers and thereby on the evolution …
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With capital‐skill complementarity, the secular decline in the price of capital equipment due to equipment‐specific technological progress (ESTP) keeps pushing up the demand for skilled relative to unskilled labor and raising the skill premium. This paper quantitatively characterizes the...
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