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allocation of tasks to capital and labor - the task content of production. Automation, which enables capital to replace labor in … productivity. The effects of automation are counterbalanced by the creation of new tasks in which labor has a comparative advantage … - due to automation and new tasks - can be inferred from industry-level data. Our empirical decomposition suggests that the …
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We revisit the development of monthly wages in Germany between 2000 and 2017. While wage inequality strongly increased …-in-differences based on unconditional quantile regressions applied to German administrative employment data. The results show significant … wage effects of varying magnitudes along the lower half of the wage distribution. Employment dynamics do not explain …
Persistent link: https://www.econbiz.de/10012178776
While monthly wage inequality in Germany continued to increase strongly until 2010, it recently returned to the level … wage distribution. Employment dynamics cannot explain the effects along the wage distribution, implying strong wage … introduction can account for about half of the recent decrease in wage inequality …
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We explore the suitability of the minimum wage as a policy instrument for reducing emerging income inequality created … by new technologies. For this, we implement a binding minimum wage in a task‐based framework, in which tasks are … conducted by machines, low‐skill, and high‐skill workers. In this framework, an increasing minimum wage reduces the inequality …
Persistent link: https://www.econbiz.de/10014485790
We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either … capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of … advantage in the most complex tasks relative to capital, and because the wages of the least skilled workers are sufficiently low …
Persistent link: https://www.econbiz.de/10014496402
secondary employment. The contractually agreed wages of the ten percent of employees with the lowest wages did indeed rise by … the minimum wage receive a lower wage in their main employment. And they are joined by around a half a million persons in …
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