 Automation and aging: The impact on older workers in the workforceRosa Aisa, Josefina Cabeza and Jorge Martin The Journal of the Economics of Ageing, 2023, vol. 26, issue C Abstract: Developed countries are seeing advances in automation and, at the same time, their populations are aging. In this paper we examine both phenomena using the delay in retirement age as a nexus. Although automation is freeing workers from repetitive, hard work, older workers feel threatened by new automation advances which generate skill mismatches. Two links are highlighted: First, since skill mismatches affect low-skilled older workers more than those who are highly skilled, the latter will remain active for a longer period of time while the former will be pushed to retire. Second, the highly skilled workers who decide to prolong their working lives are a valuable resource for further automation advances because this technology continues to need human-assisted solutions. Our analysis establishes an important role for adult training to fill the gap between initial education and the demands of a rapidly changing labor market in order to encourage individuals to postpone their retirement and, hence, to ensure the sustainability of the social insurance system. Keywords: Automation; Skills; Matching; Active aging; Retirement age (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:joecag:v:26:y:2023:i:c:s2212828x23000361 DOI: 10.1016/j.jeoa.2023.100476 Access Statistics for this article The Journal of the Economics of Ageing is currently edited by D.E. Bloom, A. Sousa-Poza and U. Sunde More articles in The Journal of the Economics of Ageing from Elsevier |
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