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
Englisch

Erschienen in
Series: Working Paper ; No. WP 2023-42

Klassifikation
Wirtschaft
Labor Demand
Human Capital; Skills; Occupational Choice; Labor Productivity
Thema
robots
automation
tools
labor-saving
labor-augmenting

Ereignis
Geistige Schöpfung
(wer)
de Souza, Gustavo
Li, Haishi
Ereignis
Veröffentlichung
(wer)
Federal Reserve Bank of Chicago
(wo)
Chicago, IL
(wann)
2024

DOI
doi:10.21033/wp-2023-42
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • de Souza, Gustavo
  • Li, Haishi
  • Federal Reserve Bank of Chicago

Entstanden

  • 2024

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