IWH-DPE Call for Applications – Fall 2020 Intake
Vacancy IWH-DPE Call for Applications – Fall 2020 Intake ...
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People
People Job Market Candidates Doctoral...
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Department Profiles
Research Profiles of the IWH Departments All doctoral students are allocated to one...
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IWH-DPE Call for Applications – Fall 2024 Intake
Vacancy IWH-DPE Call for Applications – Fall 2024 Intake ...
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Internships
Internship at Halle Institute for Economic Research (IWH) Interested in gaining an...
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Stubborn Core Inflation – Time for Supply Side Policies
Oliver Holtemöller, Stefan Kooths, Torsten Schmidt, Timo Wollmershäuser
Wirtschaftsdienst,
No. 4,
2023
Abstract
The leading economic research institutes have raised their forecast for growth in German economic output in the current year to 0.3%. In the fall of 2022, they were still expecting a decline of 0.4%. The economic setback in the winter half-year 2022/2023 is likely to have been less severe than feared in the fall. The main reason for this is a smaller loss of purchasing power as a result of a significant drop in energy prices. Nevertheless, the rate of inflation will fall only slowly from 6.9% last year to 6.0% this year.
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Economic Outlook
Joint Economic Forecast Spring Report 2024 Headwinds from Germany and abroad: institutes...
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Behaviour
The maths behind gut decisions First carefully weigh up the costs and benefits and then make a rational...
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Productivity
Productivity: More with Less by Better Available resources are scarce. To sustain our...
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The Characteristics and Geographic Distribution of Robot Hubs in U.S. Manufacturing Establishments
Erik Brynjolfsson, Catherine Buffington, Nathan Goldschlag, J. Frank Li, Javier Miranda, Robert Seamans
Abstract
We use data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments. We find that robotics adoption and robot intensity (the number of robots per employee) is much more strongly related to establishment size than age. We find that establishments that report having robotics have higher capital expenditures, including higher information technology (IT) capital expenditures. Also, establishments are more likely to have robotics if other establishments in the same Core-Based Statistical Area (CBSA) and industry also report having robotics. The distribution of robots is highly skewed across establishments’ locations. Some locations, which we call Robot Hubs, have far more robots than one would expect even after accounting for industry and manufacturing employment. We characterize these Robot Hubs along several industry, demographic, and institutional dimensions. The presence of robot integrators and higher levels of union membership are positively correlated with being a Robot Hub.
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