This study examines how automation, measured by industrial robot adoption and artificial intelligence (AI) exposure, is associated with labor market and production outcomes across Europe. Using a panel dataset covering 32 European countries and 18 industries from 1994 to 2019, we analyze the...

This study examines how automation, measured by industrial robot adoption and artificial intelligence (AI) exposure, is associated with labor market and production outcomes across Europe. Using a panel dataset covering 32 European countries and 18 industries from 1994 to 2019, we analyze the...

Many experiments study the productivity effects of automation technologies such as generative algorithms. A key test in these experiments relates to inequality: does the technology increase output more for high- or low-skill workers? However, the theoretical content of this empirical test has...

The yen depreciation from 2012-2015 reduced robot prices for U.S. firms. Paradoxically, financially constrained firms dramatically increased adoption relative to their unconstrained peers. We rationalize this with a collateral model: robots are pledgeable assets requiring non-pledgeable...

Technologischer Wandel erhöht den Bedarf an Weiterbildung und lebenslangem Lernen. Neue empirische Evidenz für Deutschland zeigt jedoch, dass Beschäftigte in Berufen mit hoher Automatisierungsgefährdung seltener an Weiterbildung teilnehmen als Beschäftigte in weniger gefährdeten...