The Implications of Routine‐Biased Technological Change on Hours Worked Fluctuations*

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2024-08-16 DOI:10.1111/obes.12637

Sébastien Bock, Idriss Fontaine

引用次数: 0

Abstract

Technological change has been biased towards replacing routine labour over the past four decades. We study the implications of those shifts in the task composition of labour demand on hours worked fluctuations. We build quarterly time series on hours worked and task premiums from the CPS and assess the effects of routine‐biased technological change by estimating a VAR model with long‐run exclusion and sign restrictions. The results indicate that the decline in total hours worked is driven by routine‐biased technology shocks through a decline in routine hours. These shocks generate recognizable aggregate fluctuations pointing out to their potential relevance for business cycles.

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偏重常规的技术变革对工时波动的影响*

过去四十年来，技术变革一直偏向于替代常规劳动。我们研究了劳动力需求的任务构成变化对工作时间波动的影响。我们从 CPS 中建立了工作时数和任务溢价的季度时间序列，并通过估计带有长期排除和符号限制的 VAR 模型来评估常规偏向技术变革的影响。结果表明，总工时的下降是由常规技术冲击通过常规工时的下降驱动的。这些冲击产生了可识别的总体波动，显示出它们与商业周期的潜在相关性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.