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Automation with heterogeneous agents : the effect on consumption inequality

Santini, Tommaso - Leibniz-Institut für Wirtschaftsforschung Halle - 2022 - This version: November 3, 2022

In this paper, I study technological change as a candidate for the observed increase in consumption inequality in the United States. I build an incomplete market model with educational choice combined with a task-based model on the production side. I consider two channels through which...

Persistent link: https://www.econbiz.de/10013460248

Automation and polarization

Acemoglu, Daron; Löbbing, Jonas - 2023

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 … automation pushes workers into tasks at the lower and upper ends of the task distribution. It also monotonically increases the …

Persistent link: https://www.econbiz.de/10014496402

Tasks At Work : Comparative Advantage, Technology and Labor Demand

Acemoglu, Daron; Kong, Fredric; Restrepo, Pascual - National Bureau of Economic Research - 2024

central role of automation and new tasks in recent labor market trends. We also explain how general equilibrium effects … range of tasks, which can be allocated to workers of different skill types or to capital. Factors of production have well …-defined comparative advantage across tasks, which governs the pattern of substitution between skill groups. Technological change can: (1 …

Persistent link: https://www.econbiz.de/10015056199

The Problem of Search Engines as Essential Facilities : An Economic & Legal Assessment

Manne, Geoffrey A. - 2012

What is wrong with calls for search neutrality, especially those rooted in the notion of Internet search (or, more accurately, Google, the policy scolds’ bête noir of the day) as an “essential facility,” and necessitating government-mandated access? As others have noted, the basic concept...

Persistent link: https://www.econbiz.de/10014186711

Patent Law, HIPPO, and the Biodiversity Crisis

Torrance, Andrew W. - 2014

Planet earth is host to a dazzling variety of living organisms. This diversity of life, or – biodiversity, is vital to the survival and prosperity of humanity, supplying such vital amenities as food, clothing, shelter, natural biochemicals useful in medicine, industry, and agriculture, and...

Persistent link: https://www.econbiz.de/10014196348

'Neutral' Search as a Basis for Antitrust Action?

Lao, Marina - 2014

The Federal Trade Commission recently voted unanimously to close its antitrust investigation into Google’s search practices after concluding that the firm’s practice of favoring its own content in its search results did not violate U.S. antitrust laws. The agency determined that, although...

Persistent link: https://www.econbiz.de/10014159168

Imitation, Patent Protection and Welfare

Mukherjee, Arijit; Pennings, Enrico - 2015

Once a new technology has been invented, there is a credible threat of imitation when patents are long and imitation cost is low. When imitation is credible, the innovator has an incentive to postpone technology adoption for relatively high cost of imitation. The possibility of licensing...

Persistent link: https://www.econbiz.de/10014085722

A Natural Experiment on Innovation Without Patents

Torrance, Andrew W. - 2015

Persistent link: https://www.econbiz.de/10013022877

The Economic Foundations of Institutional Stagnation in Commodity-Exporting Countries

Andrianarison, Francis; Davies, Victor A. B.; Dessy, Sylvain - 2010

Many poor countries are plagued with growth-impeding institutions. We develop a three-sector general equilibrium model linking economic stagnation in these countries to poor export terms of trade. We examine the extent to which changes in the terms of trade affect private agents’ incentive to...

Persistent link: https://www.econbiz.de/10014190721

Product vs. Process Patent

Mukherjee, Arijit; Sinha, Uday Bhanu - 2015

This paper provides a theoretical analysis of product and process patent regimes in the context of North-South trade. For some parametric configurations, we show that Northern government would favor the product patent regime in the South, although the Northern firm would prefer the process...

Persistent link: https://www.econbiz.de/10014063496