New technologies and jobs in Europe

Stefania Albanesi, António Dias da Silva, Juan F. Jimeno, Ana Lamo and Alena Wabitsch
Additional contact information
António Dias da Silva: European Central Bank
Juan F. Jimeno: Banco de España, Universidad de Alcalá, CEMFI, CEPR and IZA
Ana Lamo: European Central Bank
Alena Wabitsch: University of Oxford

No 2322, Working Papers from Banco de España

Abstract: We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011-2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased in occupations more exposed to AI. This is particularly the case for occupations with a relatively higher proportion of younger and skilled workers. This evidence is in line with the Skill-Biased Technological Change theory. While there is heterogeneity across countries, very few countries show a decline in the employment shares of occupations more exposed to AI-enabled automation. Country heterogeneity for this result appears to be linked to the pace of technology diffusion and education, but also to the level of product market regulation (competition) and employment protection laws. In contrast to the findings for employment, we find little evidence for any correlation between wages and potential exposures to new technologies.

Keywords: artificial intelligence; employment; skills; occupations (search for similar items in EconPapers)
JEL-codes: J23 O33 (search for similar items in EconPapers)
Pages: 59 pages
Date: 2023-08
New Economics Papers: this item is included in nep-eec, nep-ino, nep-lma and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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https://www.bde.es/f/webbe/SES/Secciones/Publicaci ... 23/Files/dt2322e.pdf First version, August 2023 (application/pdf)

Related works:
Working Paper: New Technologies and Jobs in Europe (2024)
Working Paper: New Technologies and Jobs in Europe (2023)
Working Paper: New technologies and jobs in Europe (2023)
Working Paper: New Technologies and Jobs in Europe (2023)
Working Paper: New Technologies and Jobs in Europe (2023)
Working Paper: New Technologies and Jobs in Europe (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:bde:wpaper:2322

DOI: 10.53479/33414

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