Rudolf Winter-Ebmer, Bernhard Schmidpeter,
"Automation, Unemployment, and the Role of Labor Market Training"
, in European Economic Review, 7-2021, ISSN: 0014-2921
Original Titel:
Automation, Unemployment, and the Role of Labor Market Training
Sprache des Titels:
Englisch
Original Kurzfassung:
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.
Forschungs-