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Climate Change, Directed Innovation, and Energy Transition : The Long-run Consequences of the Shale Gas Revolution

Acemoglu, Daron; Aghion, Philippe; Barrage, Lint; … - National Bureau of Economic Research - 2023

We investigate the short- and long-term effects of a natural gas boom in an economy where energy can be produced with coal, natural gas, or clean sources and the direction of technology is endogenous. In the short run, a natural gas boom reduces carbon emissions by inducing substitution away...

Persistent link: https://www.econbiz.de/10014372414

Import Competition and the Great U.S. Employment Sag of the 2000s

Acemoglu, Daron - 2014

effects, it appears to have significantly suppressed overall U.S. job growth. We apply industry-level and local labor market …

Persistent link: https://www.econbiz.de/10012458271

Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing

Acemoglu, Daron - 2014

An increasingly influential "technological-discontinuity" paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some...

Persistent link: https://www.econbiz.de/10012458826

Productivity Differences

Acemoglu, Daron - 1999

Many technologies used by the LDCs are developed in the OECD economies, and as such are designed to make optimal use of the skills of these richer countries' workforces. Due to differences in the supply of skills, some of the tasks performed by skilled workers in the OECD economies will be...

Persistent link: https://www.econbiz.de/10012471932

Vertical Integration and Technology : Theory and Evidence

Acemoglu, Daron - 2004

that the relationship between a downstream (producer) industry and an upstream (supplier) industry is more likely to be … vertically integrated when the producing industry is more technology intensive and the supplying industry is less technology … intensive. Moreover, both of these effects are stronger when the supplying industry accounts for a large fraction of the …

Persistent link: https://www.econbiz.de/10012467690

Central banks, macro-financial stability and the future of the financial system

George, Esther L.; Acemoglu, Daron; Allen, Hilary J.; … - BIS Annual Conference <22., 2023, Basel> - 2023

Persistent link: https://www.econbiz.de/10014442377

Does the US Tax Code Favor Automation?

Acemoglu, Daron - 2020

We argue that the US tax system is biased against labor and in favor of capital and has become more so in recent years. As a consequence, it has promoted inefficiently high levels of automation. Moving from the US tax system in the 2010s to optimal taxation of capital and labor would raise...

Persistent link: https://www.econbiz.de/10012482009

AI and Jobs : Evidence from Online Vacancies

Acemoglu, Daron; Autor, David H.; Hazell, Jonathon; … - National Bureau of Economic Research - 2022 - Revised February 2022

at the occupation or industry level, implying that AI is currently substituting for humans in a subset of tasks but it is …

Persistent link: https://www.econbiz.de/10012482476

Persistence of Power, Elites and Institutions

Acemoglu, Daron - 2006

We construct a model of simultaneous change and persistence in institutions. The model consists of landowning elites and workers, and the key economic decision concerns the form of economic institutions regulating the transaction of labor (e.g., competitive markets versus labor repression). The...

Persistent link: https://www.econbiz.de/10012466560

Culture, Institutions and Social Equilibria : A Framework

Acemoglu, Daron; Robinson, James A. - National Bureau of Economic Research - 2021

This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent sociology literature and interpret culture as a \repertoire", which allows rich cultural responses to changes in the environment and shifts in political power. Specifically, we...

Persistent link: https://www.econbiz.de/10012533381