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We argue theoretically and document empirically that aging leads to greater (industrial) automation, and in particular … older to middle-aged workers — is associated with greater adoption of robots and other automation technologies across … development of automation technologies in countries undergoing greater demographic change. Our directed technological change model …
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We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either … capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of … automation pushes workers into tasks at the lower and upper ends of the task distribution. It also monotonically increases the …
Persistent link: https://www.econbiz.de/10014496402
We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either … capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of … automation pushes workers into tasks at the lower and upper ends of the task distribution. It also monotonically increases the …
Persistent link: https://www.econbiz.de/10014467790
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allocation of tasks to capital and labor - the task content of production. Automation, which enables capital to replace labor in … productivity. The effects of automation are counterbalanced by the creation of new tasks in which labor has a comparative advantage … - due to automation and new tasks - can be inferred from industry-level data. Our empirical decomposition suggests that the …
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