Showing 1 - 10 of 3,290
We present a framework for understanding the effects of automation and other types of technological changes on labor demand, and use it to interpret changes in US employment over the recent past. At the center of our framework is the allocation of tasks to capital and labor - the task content of...
Persistent link: https://www.econbiz.de/10012001461
complexity and its training requirements. When two tasks are equally complex, firms will automate the task that requires more … training and in which labor is hence more expensive. Under quite general conditions this leads to job polarization, a decline …. The model makes novel predictions regarding occupational training requirements, which we find to be consistent with US …
Persistent link: https://www.econbiz.de/10010478513
This paper discusses the endeavours of policy makers to come to some degree of wage coordination among EU countries, aiming at aligning wage growth with labour productivity growth at the national levels. In this context, we analyse the wage and productivity developments in Germany, the European...
Persistent link: https://www.econbiz.de/10013114521
This paper establishes that the rise in employer-provided training due to technological change has dampened the college … wage premium. Using unique survey micro-data, I show that hightechnology firms provide more training overall, but the gap … in training participation between high- and low-skill workers is smaller within these firms. To understand the aggregate …
Persistent link: https://www.econbiz.de/10014635196
We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with highly reliable firm-level output prices and quantities in the manufacturing sector in Sweden, we are able to derive measures of physical (as opposed to revenue) TFP to instrument...
Persistent link: https://www.econbiz.de/10013124492
We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with highly reliable firm-level output prices and quantities in the manufacturing sector in Sweden, we are able to derive measures of physical (as opposed to revenue) TFP to instrument...
Persistent link: https://www.econbiz.de/10009306828
This study quantitatively assesses two alternative explanations for inter-industry wage differentials: worker heterogeneity in the formof unobserved quality and firmheterogeneity in the form of a firm's willingness to pay (WTP) for workers' productive attributes. We develop an empirical hedonic...
Persistent link: https://www.econbiz.de/10012174886
Utilizing comprehensive administrative data from Brazil, we investigate the impact of peer effects on wages, considering both within-gender and cross-gender dynamics. Since the average productivity of both individuals and their peers is unobservable, we estimate these values using worker fixed...
Persistent link: https://www.econbiz.de/10014461495
Firms frequently provide general skill training to workers at the firm's cost. Theories proposed that labor market … firms. We first document that the firm provides upfront training, and show that both workers' tenure and the initial fee … charged to clients are positively related to the length of training, but the initial wage paid to workers is not. We then …
Persistent link: https://www.econbiz.de/10013209297
We examine how changes in task content over time condition occupational wage development. Using survey data from Germany, we document substantial heterogeneity in within-occupational changes in task content. Combining this evidence with administrative data on individual employment outcomes over...
Persistent link: https://www.econbiz.de/10013426283