Does automation technology increase wage?
نویسندگان
چکیده
This paper examines the relationship between automation technology and wages. In model, producers either choose or non-automation technology, whichever is more profitable. Furthermore, when introduce they must pay fixed costs, which differ industries. The main results of this indicate that increased productivity promotes automation, decreases labor income share, also wages level diffusion sufficiently high.
منابع مشابه
does minimum wage cause inflation?
this paper reviews the relationship between inflation rate and minimum wage in iran’s economy over the 1969-2005. according to the economic literature, there is a narrow relationship between inflation rate and minimum wage. some economists believe in increased inflation due to minimum wage. the other group of economists considers the increased inflation as a cause for increasing minimum wage. t...
متن کاملPersonnel Director announces wage increase
The final step is to the Student Affairs Council, chaired by Dug gan. The council is the highest board tha t a student proposal may reach. It will make a recom mendation to Duggan. “ I am confident that we can get it through the actual groundwork. The real test will come when it reaches Duggan’s desk,” Rukavina explained. “ I don’t expect to have to take this proposal to the Board of Regents ...
متن کاملDoes Ramadan Fasting Increase duodenal ulcer perforation?
Introduction: In Ramadan, healthy adult Muslims are obliged to fast. Prolonged fasting increase gastric acid and pepsin levels, which promote the risk of duodenal ulcer perforation (DUP). Effects of Ramadan fasting on DUP have not been thoroughly studied yet, and the limited number of studies investigating the impact of Ramadan fasting on DUP yielded discrepant results. This study aimed to eval...
متن کاملWage and Technology Dispersion
This paper explains why firms with identical opportunities may use different technologies and offer different wages. Our key assumption is that workers must engage in costly search in order to gather information about jobs (Stigler, 1961). In equilibrium, some firms adopt high fixed cost, high productivity technologies, offer high wages, and fill job openings quickly. Other firms adopt less cap...
متن کاملDoes Wage Indexing Matter?
The Rogoff (1985) proposition that it is socially optimal to delegate monetary policy to a central banker that is more inflation averse than society has been widely accepted and implemented in practice. However, there is a literature that argues that if there is an inflation-averse monopoly union in the economy, it is optimal to delegate monetary policy to an “ultra-liberal” central banker, tha...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Macroeconomics
سال: 2023
ISSN: ['1873-152X', '0164-0704']
DOI: https://doi.org/10.1016/j.jmacro.2023.103541