Automation, unemployment, and the role of labor market training

Schmidpeter, Bernhard and Winter-Ebmer, RudolfORCID: (2021) Automation, unemployment, and the role of labor market training. European Economic Review, 137, article 103808.

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We provide comprehensive evidence on the consequences of automation risk on the career of unemployed workers and the mitigating role of labor market training. Using almost two decades of administrative data for Austria, we find that a higher risk of automation reduces the job finding probability; a problem which has increased over the past years. This development is associated with increasing re-employment wages and job stability. We also present new aspects of public training in times of technological progress. Provided training counteracts the negative impact of automation on the job finding probability. Its efficiency has declined over the past years, however.

Item Type: Article in Academic Journal
Keywords: Automation; Unemployment; Labor market policy
Research Units: Current Research Groups > European Governance, Public Finance and Labor Markets
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Date Deposited: 21 Dec 2021 08:07
Last Modified: 24 Apr 2024 14:34
DOI: 10.1016/j.euroecorev.2021.103808
ISSN: 0014-2921

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