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Of course, the elasticity of the response to automation is an empirical question. Recent studies indeed find evidence of positive employment responses in some industries with new information technologies, automation, and... Read more...
13 September 2019
12 September 2019
There is a very interesting study made by the Economic Research Center of London, directed by George Graetz and Guy Michaels, which shows that between 1993 and 2007 in the United States the number of robots in... Read more...
02 April 2018
"There is no consensus on how robotics will affect the creation or destruction of employment, some studies are optimistic and others are not," Professor Guy Michaels of the London School of Economics... Read more...
01 April 2018
Research from Graetz and Michaels using data from the International Federation of Robotics found that the use of robots within manufacturing raised the annual growth of productivity and GDP by 0.36 and 0.37 pe... Read more...
04 December 2017
Recent research has shown that industrial robots in the US have led to heavy losses in terms of jobs and incomes. In this article, we will explore the impact they have had on the labor market in Germany, where... Read more...
22 October 2017
Article by Georg Graetz and Guy Michaels Whilst the U.S. unemployment rate has returned to pre-recession lows, there is concern among policymakers about other developments in the American labour market, not... Read more...
02 October 2017
Includes in the roundup: ‘Is Modern Technology Responsible for Jobless Recoveries?’, Georg Graetz and Guy Michaels, American Economic Review, May 2017 Abstract: Since the early 1990s, reco... Read more...
31 May 2017
Article by Georg Graetz and Guy Michaels. Article originally published at VoxEU, Saturday 13 May Recoveries from recessions in the US used to involve rapid job generation. During the 1970s and 1980s, the fi... Read more...
14 May 2017
Georg Graetz and Guy Michaels, DOI: 10.1257/aer.p20171100 Related publications In brief... Is technology to blame for jobless recoveries? Georg Graetz and Guy Michaels. Article in CentrePiece Volume 2... Read more...
12 May 2017
Since the early 1990s, the US has been plagued by weak employment growth when emerging from recessions – so called ‘jobless recoveries’. Georg Graetz and Guy Michaels look at multiple recover... Read more...
09 March 2017
This phenomenon of labor market polarization (or “hollowing out” of middle-skilled jobs) has attracted widespread attention and contributed to the ongoing debate on the impact of technological chan... Read more...
14 February 2017
In a new paper called “Is Modern Technology Responsible for Jobless Recoveries?,” economists George Graetz and Guy Michaels looked at 17 different developed countries, from 1970 through 2011. The t... Read more...
23 January 2017