Technological unemployment revisited : automation in a searchand matching framework

Prettner, Klaus; Cords, Dario

Technological unemployment revisited : automation in a searchand matching framework

dc.contributor.author	Prettner, Klaus	de
dc.contributor.author	Cords, Dario	de
dc.date.accessioned	2024-04-08T08:56:20Z
dc.date.available	2024-04-08T08:56:20Z
dc.date.created	2018-10-09
dc.date.issued	2018
dc.description.abstract	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 perfect substitute for low-skilled workers and an imperfect substitute for high-skilled workers. Using this type of model, we show that the accumulation of automation capital decreases the labor market tightness in the low-skilled labor market and increases the labor market tightness in the high-skilled labor market. This leads to a rising unemployment rate of low-skilled workers and a falling un- employment rate of high-skilled workers. In addition, automation leads to falling wages of low-skilled workers and rising wages of high-skilled workers.	en
dc.identifier.swb	51170027X
dc.identifier.uri	https://hohpublica.uni-hohenheim.de/handle/123456789/6310
dc.identifier.urn	urn:nbn:de:bsz:100-opus-15305
dc.language.iso	eng
dc.relation.ispartofseries	Hohenheim discussion papers in business, economics and social sciences; 2018,19
dc.rights.license	publ-mit-pod	en
dc.rights.license	publ-mit-pod	de
dc.rights.uri	http://opus.uni-hohenheim.de/doku/lic_mit_pod.php
dc.subject	Unemployment	en
dc.subject	Automation	en
dc.subject	Search and matching model	en
dc.subject	Technological progress	en
dc.subject	Inequality	en
dc.subject	Skill premium	en
dc.subject.ddc	330
dc.subject.gnd	Beschäftigung	de
dc.subject.gnd	Automation	de
dc.subject.gnd	Technischer Fortschritt	de
dc.title	Technological unemployment revisited : automation in a searchand matching framework	de
dc.type.dcmi	Text	de
dc.type.dini	WorkingPaper	de
local.access	uneingeschränkter Zugriff	en
local.access	uneingeschränkter Zugriff	de
local.bibliographicCitation.publisherPlace	Universität Hohenheim	de
local.export.bibtex	@techreport{Prettner2018, url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6310}, author = {Prettner, Klaus and Cords, Dario}, title = {Technological unemployment revisited : automation in a searchand matching framework}, year = {2018}, school = {Universität Hohenheim}, series = {Hohenheim discussion papers in business, economics and social sciences}, }
local.export.bibtexAuthor	Prettner, Klaus and Cords, Dario
local.export.bibtexKey	Prettner2018
local.export.bibtexType	@techreport
local.faculty.number	3	de
local.institute.number	520	de
local.opus.number	1530
local.series.issueNumber	2018,19
local.series.title	Hohenheim discussion papers in business, economics and social sciences
local.university	Universität Hohenheim	de
local.university.faculty	Faculty of Business, Economics and Social Sciences	en
local.university.faculty	Fakultät Wirtschafts- und Sozialwissenschaften	de
local.university.institute	Institute for Economics	en
local.university.institute	Institut für Volkswirtschaftslehre	de

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