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allocation of tasks to capital and labor - the task content of production. Automation, which enables capital to replace labor in … productivity. The effects of automation are counterbalanced by the creation of new tasks in which labor has a comparative advantage … - due to automation and new tasks - can be inferred from industry-level data. Our empirical decomposition suggests that the …
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This chapter surveys the literature on the impact of minimum wages on low-wage labor markets. We describe and …-experimental variation. We provide a quantitative overview of the most recent evidence on the employment and wage effects of the policy … review the evidence on the policy's impact on wage inequality and income distribution. Finally, we discuss how these effects …
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affect employment opportunities in automatable jobs in the UK for low-skilled low-wage workers. Overall, I find that … increasing the minimum wage decreases the share of automatable employment held by low-skilled low-wage workers, and increases the …
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We explore the suitability of the minimum wage as a policy instrument for reducing emerging income inequality created … by new technologies. For this, we implement a binding minimum wage in a task‐based framework, in which tasks are … conducted by machines, low‐skill, and high‐skill workers. In this framework, an increasing minimum wage reduces the inequality …
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Employment in Vietnam and elsewhere in Asia has grown more slowly than GDP over the last several decades. This means … the Vietnamese development experience. We find that while some of the difference between GDP and employment growth can be …
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We investigate the impact of investment in automation-related goods on adopting and non-adopting firms in the Italian … exploiting import lumpiness in product categories linked to automation and AI technologies. We find a positive average adoption … effect on the adopters' employment and on the value-added and average wage, whereas sales and productivity increase after an …
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