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How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate, and what types of worker will be replaced as a result? We present a model that distinguishes between a task's engineering complexity and its training requirements. When two...
Persistent link: https://www.econbiz.de/10010478513
been costly to individual workers, but labor demand has remained strong, and real wages have steadily increased in line …
Persistent link: https://www.econbiz.de/10012201715