Artificial Intelligence and the Skill Premium
Author
Abstract
Suggested Citation
Note: LS
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Bloom, David E. & Prettner, Klaus & Saadaoui, Jamel & Veruete, Mario, 2024. "Artificial Intelligence and the Skill Premium," IZA Discussion Papers 16972, Institute of Labor Economics (IZA).
- David E., Bloom & Prettner, Klaus & Saadaoui, Jamel & Veruete, Mario, 2023. "Artificial intelligence and the skill premium," Department of Economics Working Paper Series 353, WU Vienna University of Economics and Business.
- David E. Bloom & Klaus Prettner & Jamel Saadaoui & Mario Veruete, 2023. "Artificial intelligence and the skill premium," Working Papers of BETA 2023-37, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- David E. Bloom & Klaus Prettner & Jamel Saadaoui & Mario Veruete, 2023. "Artificial intelligence and the skill premium," Department of Economics Working Papers wuwp353, Vienna University of Economics and Business, Department of Economics.
- David E. Bloom & Klaus Prettner & Jamel Saadaoui & Mario Veruete, 2023. "Artificial intelligence and the skill premium," Papers 2311.09255, arXiv.org.
References listed on IDEAS
- John Duffy & Chris Papageorgiou & Fidel Perez-Sebastian, 2004.
"Capital-Skill Complementarity? Evidence from a Panel of Countries,"
The Review of Economics and Statistics, MIT Press, vol. 86(1), pages 327-344, February.
- Chris Papageorgiou & Fidel Pérez Sebastián & John Duffy, 2002. "Capital-Skill Complementarity? Evidence From A Panel Of Countries," Working Papers. Serie AD 2002-09, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Chris Papageorgiou & John Duffy & Fidel Perez-Sebastian, 2003. "Capital-Skill complementarity? Evidence from a Panel of Countries," Departmental Working Papers 2003-012, Department of Economics, Louisiana State University.
- Wolfgang Dauth & Sebastian Findeisen & Jens Suedekum & Nicole Woessner, 2021. "The Adjustment of Labor Markets to Robots [“Skills, Tasks and Technologies: Implications for Employment and Earnings]," Journal of the European Economic Association, European Economic Association, vol. 19(6), pages 3104-3153.
- Uwe Thuemmel, 2023. "Optimal Taxation of Robots," Journal of the European Economic Association, European Economic Association, vol. 21(3), pages 1154-1190.
- Daron Acemoglu & Pascual Restrepo, 2018.
"Low-Skill and High-Skill Automation,"
Journal of Human Capital, University of Chicago Press, vol. 12(2), pages 204-232.
- Daron Acemoglu & Pascual Restrepo, 2017. "Low-Skill and High-Skill Automation," NBER Working Papers 24119, National Bureau of Economic Research, Inc.
- Lankisch, Clemens & Prettner, Klaus & Prskawetz, Alexia, 2019. "How can robots affect wage inequality?," Economic Modelling, Elsevier, vol. 81(C), pages 161-169.
- Prettner, Klaus, 2019. "A Note On The Implications Of Automation For Economic Growth And The Labor Share," Macroeconomic Dynamics, Cambridge University Press, vol. 23(3), pages 1294-1301, April.
- Klump, Rainer & Jurkat, Anne & Schneider, Florian, 2021.
"Tracking the rise of robots: A survey of the IFR database and its applications,"
MPRA Paper
110390, University Library of Munich, Germany.
- Klump, Rainer & Jurkat, Anne & Schneider, Florian, 2021. "Tracking the rise of robots: A survey of the IFR database and its applications," MPRA Paper 107909, University Library of Munich, Germany.
- Daron Acemoglu, 1998.
"Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(4), pages 1055-1089.
- Acemoglu, D., 1997. "Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality," Working papers 97-14, Massachusetts Institute of Technology (MIT), Department of Economics.
- Acemoglu, Daron, 1997. "Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality," CEPR Discussion Papers 1707, C.E.P.R. Discussion Papers.
- Daron Acemoglu & Pascual Restrepo, 2020.
"Robots and Jobs: Evidence from US Labor Markets,"
Journal of Political Economy, University of Chicago Press, vol. 128(6), pages 2188-2244.
- Daron Acemoglu & Pascual Restrepo, 2017. "Robots and Jobs: Evidence from US Labor Markets," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-297, Boston University - Department of Economics.
- Daron Acemoglu & Pascual Restrepo, 2017. "Robots and Jobs: Evidence from US Labor Markets," NBER Working Papers 23285, National Bureau of Economic Research, Inc.
- Daron Acemoglu & Pascual Restrepo, 2018. "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," American Economic Review, American Economic Association, vol. 108(6), pages 1488-1542, June.
- Mortensen, Dale T & Pissarides, Christopher A, 1999. "Unemployment Responses to 'Skill-Biased' Technology Shocks: The Role of Labour Market Policy," Economic Journal, Royal Economic Society, vol. 109(455), pages 242-265, April.
- Daron Acemoglu, 2002.
"Directed Technical Change,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 69(4), pages 781-809.
- Daron Acemoglu, 2001. "Directed Technical Change," NBER Working Papers 8287, National Bureau of Economic Research, Inc.
- David Hémous & Morten Olsen, 2022.
"The Rise of the Machines: Automation, Horizontal Innovation, and Income Inequality,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 14(1), pages 179-223, January.
- Hémous, David & Olsen, Morten, 2014. "The Rise of the Machines: Automation, Horizontal Innovation and Income Inequality," CEPR Discussion Papers 10244, C.E.P.R. Discussion Papers.
- Morten Olsen & David Hemous, 2014. "The Rise of the Machines: Automation, Horizontal Innovation and Income Inequality," 2014 Meeting Papers 162, Society for Economic Dynamics.
- David Hemous & Morten Olsen, 2015. "The Rise of the Machines: Automation, Horizontal Innovation and Income Inequality," 2015 Meeting Papers 456, Society for Economic Dynamics.
- Harald Fadinger & Karin Mayr, 2014.
"Skill-Biased Technological Change, Unemployment, And Brain Drain,"
Journal of the European Economic Association, European Economic Association, vol. 12(2), pages 397-431, April.
- Harald Fadinger & Karin Mayr, 2011. "Skill-biased technological change, unemployment and brain drain," Vienna Economics Papers vie1108, University of Vienna, Department of Economics.
- Harald Fadinger & Karin Mayr, 2012. "Skill-biased technological change, unemployment and brain drain," Norface Discussion Paper Series 2012011, Norface Research Programme on Migration, Department of Economics, University College London.
- Shimizu, Ryosuke & Momoda, Shohei, 2023. "Does automation technology increase wage?," Journal of Macroeconomics, Elsevier, vol. 77(C).
- Sequeira, Tiago Neves & Garrido, Susana & Santos, Marcelo, 2021.
"Robots are not always bad for employment and wages,"
International Economics, Elsevier, vol. 167(C), pages 108-119.
- Tiago Neves Sequeira & Susana Garrido & Marcelo Santos, 2021. "Robots are not always bad for employment and wages," International Economics, CEPII research center, issue 167, pages 108-119.
- Tiago Neves Sequeira & Susana Garrido & Marcelo Serra Santos, 2020. "Robots are not always bad for employment and wages," CeBER Working Papers 2020-16, Centre for Business and Economics Research (CeBER), University of Coimbra.
- Prettner, Klaus & Strulik, Holger, 2020.
"Innovation, automation, and inequality: Policy challenges in the race against the machine,"
Journal of Monetary Economics, Elsevier, vol. 116(C), pages 249-265.
- Prettner, Klaus & Strulik, Holger, 2019. "Innovation, Automation, and Inequality: Policy Challenges in the Race against the Machine," GLO Discussion Paper Series 320, Global Labor Organization (GLO).
- Dario Cords & Klaus Prettner, 2022.
"Technological unemployment revisited: automation in a search and matching framework [The future of work: meeting the global challenges of demographic change and automation],"
Oxford Economic Papers, Oxford University Press, vol. 74(1), pages 115-135.
- Cords, Dario & Prettner, Klaus, 2018. "Technological unemployment revisited: Automation in a search and matching framework," Hohenheim Discussion Papers in Business, Economics and Social Sciences 19-2018, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
- Cords, Dario & Prettner, Klaus, 2019. "Technological Unemployment Revisited: Automation in a Search and Matching Framework," GLO Discussion Paper Series 308, Global Labor Organization (GLO).
- Prettner, Klaus, 2023.
"Stagnant wages in the face of rising labor productivity: The potential role of industrial robots,"
Finance Research Letters, Elsevier, vol. 58(PD).
- Klaus Prettner, 2023. "Stagnant Wages in the Face of Rising Labor Productivity: The Potential Role of Industrial Robots," Department of Economics Working Papers wuwp354, Vienna University of Economics and Business, Department of Economics.
- Prettner, Klaus, 2023. "Stagnant Wages in the Face of Rising Labor Productivity: The Potential Role of Industrial Robots," Department of Economics Working Paper Series 354, WU Vienna University of Economics and Business.
- Per Krusell & Lee E. Ohanian & JosÈ-Victor RÌos-Rull & Giovanni L. Violante, 2000.
"Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis,"
Econometrica, Econometric Society, vol. 68(5), pages 1029-1054, September.
- Per Krusell & Lee E. Ohanian & José-Víctor Ríos-Rull & Giovanni L. Violante, 1997. "Capital-skill complementarity and inequality: a macroeconomic analysis," Staff Report 239, Federal Reserve Bank of Minneapolis.
- Jones, Charles I, 1995. "R&D-Based Models of Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 103(4), pages 759-784, August.
- Venturini, Francesco, 2022. "Intelligent technologies and productivity spillovers: Evidence from the Fourth Industrial Revolution," Journal of Economic Behavior & Organization, Elsevier, vol. 194(C), pages 220-243.
- Antony, Jürgen & Klarl, Torben, 2020.
"The implications of automation for economic growth when investment decisions are irreversible,"
Economics Letters, Elsevier, vol. 186(C).
- Jürgen Antony & Torben Klarl, 2019. "The implications of automation for economic growth when investment decisions are irreversible," Bremen Papers on Economics & Innovation 1903, University of Bremen, Faculty of Business Studies and Economics.
- Ana L. ABELIANSKY & Eda ALGUR & David E. BLOOM & Klaus PRETTNER, 2020. "The future of work: Meeting the global challenges of demographic change and automation," International Labour Review, International Labour Organization, vol. 159(3), pages 285-306, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Prettner, Klaus, 2023.
"Stagnant wages in the face of rising labor productivity: The potential role of industrial robots,"
Finance Research Letters, Elsevier, vol. 58(PD).
- Prettner, Klaus, 2023. "Stagnant Wages in the Face of Rising Labor Productivity: The Potential Role of Industrial Robots," Department of Economics Working Paper Series 354, WU Vienna University of Economics and Business.
- Klaus Prettner, 2023. "Stagnant Wages in the Face of Rising Labor Productivity: The Potential Role of Industrial Robots," Department of Economics Working Papers wuwp354, Vienna University of Economics and Business, Department of Economics.
- Abeliansky, Ana Lucia & Prettner, Klaus, 2023. "Automation and population growth: Theory and cross-country evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 208(C), pages 345-358.
- Gasteiger, Emanuel & Prettner, Klaus, 2022.
"Automation, Stagnation, And The Implications Of A Robot Tax,"
Macroeconomic Dynamics, Cambridge University Press, vol. 26(1), pages 218-249, January.
- Gasteiger, Emanuel & Prettner, Klaus, 2020. "Automation, stagnation, and the implications of a robot tax," ECON WPS - Working Papers in Economic Theory and Policy 02/2020, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
- M. Battisti & M. Del Gatto & A. F. Gravina & C. F. Parmeter, 2021. "Robots versus labor skills: a complementarity/substitutability analysis," Working Paper CRENoS 202104, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
- Prettner, Klaus & Strulik, Holger, 2020.
"Innovation, automation, and inequality: Policy challenges in the race against the machine,"
Journal of Monetary Economics, Elsevier, vol. 116(C), pages 249-265.
- Prettner, Klaus & Strulik, Holger, 2019. "Innovation, Automation, and Inequality: Policy Challenges in the Race against the Machine," GLO Discussion Paper Series 320, Global Labor Organization (GLO).
- Cheng, Can & Luo, Jiayu & Zhu, Chun & Zhang, Shangfeng, 2024. "Artificial intelligence and the skill premium: A numerical analysis of theoretical models," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
- Ana Lucia Abeliansky & Klaus Prettner, 2021.
"Population Growth and Automation Density: Theory and CrossCountry Evidence,"
VID Working Papers
2102, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna.
- Abeliansky, Ana Lucia & Prettner, Klaus, 2021. "Population growth and automation density: theory and cross-country evidence," Department of Economics Working Paper Series 315, WU Vienna University of Economics and Business.
- Ana Lucia Abeliansky & Klaus Prettner, 2021. "Population growth and automation density: theory and cross-country evidence," Department of Economics Working Papers wuwp315, Vienna University of Economics and Business, Department of Economics.
- Stähler, Nikolai, 2021.
"The Impact of Aging and Automation on the Macroeconomy and Inequality,"
Journal of Macroeconomics, Elsevier, vol. 67(C).
- Stähler, Nikolai, 2020. "The impact of aging and automation on the macroeconomy and inequality," Discussion Papers 30/2020, Deutsche Bundesbank.
- Wang, Linhui & Cao, Zhanglu & Dong, Zhiqing, 2023. "Are artificial intelligence dividends evenly distributed between profits and wages? Evidence from the private enterprise survey data in China," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 342-356.
- Arthur Jacobs & Freddy Heylen, 2021. "Demographic change, secular stagnation and inequality: automation as a blessing?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 21/1030, Ghent University, Faculty of Economics and Business Administration.
- Abeliansky, Ana Lucia & Beulmann, Matthias & Prettner, Klaus, 2024. "Are they coming for us? Industrial robots and the mental health of workers," Research Policy, Elsevier, vol. 53(3).
- Röser, Florian & Niemann, Stefan & Angelini, Daniele, 2023.
"Fiscal Policy and Human Capital in the Race Against the Machine,"
VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage"
277672, Verein für Socialpolitik / German Economic Association.
- Daniele Angelini & Stefan Niemann & Florian Roeser, 2024. "Fiscal policy and human capital in the race against the machine," Working Paper Series of the Department of Economics, University of Konstanz 2024-01, Department of Economics, University of Konstanz.
- Ana L. Abeliansky & Klaus Prettner & Roman Stoellinger, 2023.
"Infection Risk at Work, Automatability, and Employment,"
Department of Economics Working Papers
wuwp352, Vienna University of Economics and Business, Department of Economics.
- Abeliansky, Ana Lucia & Prettner, Klaus & Stöllinger, Roman, 2023. "Infection Risk at Work, Automatability, and Employment," Department of Economics Working Paper Series 352, WU Vienna University of Economics and Business.
- Franziska Brall & Ramona Schmid, 2023. "Automation, robots and wage inequality in Germany: A decomposition analysis," LABOUR, CEIS, vol. 37(1), pages 33-95, March.
- Jurkat, Anne & Klump, Rainer & Schneider, Florian, 2023. "Robots and Wages: A Meta-Analysis," EconStor Preprints 274156, ZBW - Leibniz Information Centre for Economics.
- Klarl, Torben, 2022. "Fragile robots, economic growth and convergence," Economic Modelling, Elsevier, vol. 112(C).
- Abeliansky, Ana Lucia & Prettner, Klaus, 2017.
"Automation and demographic change,"
VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking
168215, Verein für Socialpolitik / German Economic Association.
- Abeliansky, Ana Lucia & Prettner, Klaus, 2020. "Automation and Demographic Change," GLO Discussion Paper Series 518, Global Labor Organization (GLO).
- Abeliansky, Ana & Prettner, Klaus, 2017. "Automation and demographic change," Hohenheim Discussion Papers in Business, Economics and Social Sciences 05-2017, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
- Abeliansky, Ana & Prettner, Klaus, 2017. "Automation and demographic change," University of Göttingen Working Papers in Economics 310, University of Goettingen, Department of Economics.
- Catarina Peralta & Pedro Mazeda Gil, 2021. "Automation, Education, and Population: Dynamic Effects in an OLG Growth and Fertility Model," CEF.UP Working Papers 2102, Universidade do Porto, Faculdade de Economia do Porto.
- Dario Cords & Klaus Prettner, 2022.
"Technological unemployment revisited: automation in a search and matching framework [The future of work: meeting the global challenges of demographic change and automation],"
Oxford Economic Papers, Oxford University Press, vol. 74(1), pages 115-135.
- Cords, Dario & Prettner, Klaus, 2018. "Technological unemployment revisited: Automation in a search and matching framework," Hohenheim Discussion Papers in Business, Economics and Social Sciences 19-2018, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
- Cords, Dario & Prettner, Klaus, 2019. "Technological Unemployment Revisited: Automation in a Search and Matching Framework," GLO Discussion Paper Series 308, Global Labor Organization (GLO).
- Xiaomeng Zhang & Theodore Palivos & Xiangbo Liu, 2022.
"Aging and automation in economies with search frictions,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 35(2), pages 621-642, April.
- Zhang, Xiaomeng & Palivos, Theodore & Liu, Xiangbo, 2021. "Aging and Automation in Economies with Search Frictions," MPRA Paper 107950, University Library of Munich, Germany.
More about this item
JEL classification:
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
- O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2024-06-24 (Macroeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:32430. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.