Arbeitspapier
Robots, tools, and jobs: Evidence from brazilian labor markets
What is the effect of robots and tools on employment and inequality? Using natural language processing and an instrumental variable approach, we discover that robots have led to a sizable decrease in the employment and wages of low-skill workers in operational occupations. However, tools - machines that complement labor - have led to an equally large reinstatement of these workers, increasing their employment and wages. Using a quantitative model, we find that the lower prices of robots and tools over the last 20 years have reduced inequality and increased welfare without a significant effect on employment.
- Sprache
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Englisch
- Erschienen in
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Series: Working Paper ; No. WP 2023-42
- Klassifikation
-
Wirtschaft
Labor Demand
Human Capital; Skills; Occupational Choice; Labor Productivity
- Thema
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robots
automation
tools
labor-saving
labor-augmenting
- Ereignis
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Geistige Schöpfung
- (wer)
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de Souza, Gustavo
Li, Haishi
- Ereignis
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Veröffentlichung
- (wer)
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Federal Reserve Bank of Chicago
- (wo)
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Chicago, IL
- (wann)
-
2024
- DOI
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doi:10.21033/wp-2023-42
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- de Souza, Gustavo
- Li, Haishi
- Federal Reserve Bank of Chicago
Entstanden
- 2024