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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 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
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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