publ-mit-podpubl-mit-podPrettner, KlausCords, Dario2024-04-082024-04-082018-10-092018https://hohpublica.uni-hohenheim.de/handle/123456789/6310Will 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.enghttp://opus.uni-hohenheim.de/doku/lic_mit_pod.phpUnemploymentAutomationSearch and matching modelTechnological progressInequalitySkill premium330BeschäftigungAutomationTechnischer FortschrittWorkingPaper51170027Xurn:nbn:de:bsz:100-opus-15305