Will low-skilled workers be replaced by automation? To answer this question, we set up a search and matching model that … features two skill types of workers and includes automation capital as an additional production factor. Automation capital is a … show that the accumulation of automation capital decreases the labor market tightness in the low-skilled labor market and …

To understand the effects of automation and other types of technological changes on European labor demand, we use a … factors of production. Automation, by creating a displacement effect, shifts the task content of production against labor …

This paper examines the labor market implications of investment in automation over the life cycle of ICT and robot … these automation technologies and identify the phases of acceleration and deceleration in investment. We then examine how … exposure to these automation technologies affects employment and wages across these different phases of their life cycle. We …

Will low-skilled workers be replaced by automation? To answer this question, we set up a search and matching model that … features two skill types of workers and includes automation capital as an additional production factor. Automation capital is a … show that the accumulation of automation capital decreases the labor market tightness in the low-skilled labor market and …

polarization resulted from increased automation, and provide a theoretical explanation. In our model, firms deciding whether to … fall. In addition to explaining job polarization, our model makes sense of observed patterns of automation and accounts for …