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This study explores automation and employment in a task-based model. Each worker has her own likelihood of job mismatch, represented as her individual mismatch probability (IMP). Her IMP depends on the level of automation and her ability, represented as the number of her unsuitable tasks. The...
Persistent link: https://www.econbiz.de/10012836915
This paper develops a model that explores automation and unemployment through job availability. In our model, workers differ in terms of their suitability for tasks. Depending on their task suitability, automation leads to either positive or negative effects on their job matching. Each worker...
Persistent link: https://www.econbiz.de/10012897947
This study investigates how the automation of high- and low-skilled labor tasks affects educational investment and the job seeking of workers for either high- or low-skilled labor tasks. We consider the probabilities of worker job mismatch where workers obtain their own set of suitable and...
Persistent link: https://www.econbiz.de/10012824173
The aim of this study is to connect two approaches that examine automation. The first uses a task-based model, while the second uses a variant of the canonical constant-elasticity-of-substitution (CES) production function. We employ a task-based model and derive a neoclassical production...
Persistent link: https://www.econbiz.de/10012862088
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This paper presents a model of technical change that combines two lines of research together. It is a task based model, in which automation turns labor tasks to mechanized ones, and there is also a continuous addition of new labor tasks, as in the expanding variety literature. We impose three...
Persistent link: https://www.econbiz.de/10012916066