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Rather than stabilising aggregate demand, discretionary fiscal policy tends to amplify cyclical fluctuations of output. The commonly accepted reasons are political economy and uncertainty. In the EU, the pro-cyclical nature of discretionary fiscal policy has also been associated with the...
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This paper analyses data on industrial robots in European manufacturing sectors, focusing on their applications and characteristics, their distribution over countries and sectors and the main factors that are correlated with robot adoption such as wage levels and robot prices. We argue that,...
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In recent years, the increasing concern about the labour market implications of technological change has led economists to look in more detail at the structure of work content and job tasks. Incorporating insights from other traditions of task analysis, in particular from the labour process...
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