Technological unemployment revisited: automation in a search and matching framework.

Autor/inn/en	Cords, Dario; Prettner, Klaus
Titel	Technological unemployment revisited: automation in a search and matching framework. Gefälligkeitsübersetzung: Technologische Arbeitslosigkeit neu betrachtet: Automatisierung in einem "search and matching" Rahmen.
Quelle	In: Oxford economic papers, 74 (2022) 1, S. 115-135 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; Zeitschriftenaufsatz
ISSN	1464-3812
DOI	10.1093/oep/gpab022
Schlagwörter	Australien; Industrieroboter; Österreich; Produktionsfaktor; USA; Internationaler Vergleich; Qualifikationsanforderung; Substitution; Substitution; Automatisierung; Industrieroboter; Beschäftigungseffekt; Produktionsfaktor; Arbeitskräfteangebot; Arbeitsplatzbedarf; Niedrig Qualifizierter; Qualifikationsanforderung; Internationaler Vergleich; Hoch Qualifizierter; Australien; USA; Österreich
Abstract	"Will automation raise unemployment and what is the role of education in this context? To answer these questions, we propose a search and matching model of the labour market with two skill types and with industrial robots. In line with evidence to date, robots are better substitutes for low-skilled workers than for high-skilled workers. We show that robot adoption leads to rising unemployment and falling wages of low-skilled workers and falling unemployment and rising wages of high-skilled workers. In a calibration to Austrian and German data, we find that robot adoption destroys fewer low-skilled jobs than the number of high-skilled jobs it creates. For Australia and the USA, the reverse holds true. Allowing for endogenous skill acquisition of workers implies positive employment effects of automation in all four countries. Thus, the firm creation mechanism in the search and matching model and skill acquisition are alleviating the adverse effects of automation." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2022/3