Technology and Wage Share of Older Workers

Donghyun Park and Kwanho Shin ()
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Kwanho Shin: Korea University

No 679, ADB Economics Working Paper Series from Asian Development Bank

Abstract: Technological progress may be less beneficial for older workers than younger workers. In this paper, we empirically examine the impact of technological change on the wage share of older workers. More specifically, we look at five different types of technological advancement using data from 30 European and Asian countries that are at the forefront of global population aging. Our findings indicate that recent technological developments centered on information and communication technology, software, and robots do not adversely affect older workers. One possible explanation is that older workers may be more open to learning and adopting new technologies than widely presumed.

Keywords: aging; older workers; wage share; capital; information communication technologies; robots (search for similar items in EconPapers)
JEL-codes: E24 E25 J01 J11 O11 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2023-03-24
New Economics Papers: this item is included in nep-age, nep-ict, nep-lab and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbewp:0679

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