Automation and unemployment: help is on the way

Hideki Nakamura and Joseph Zeira
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Hideki Nakamura: Osaka Metropolitan University

Journal of Economic Growth, 2024, vol. 29, issue 2, No 2, 215-250

Abstract: Abstract This paper examines the evolution of unemployment in a task-based model that allows for two types of technical change. One is automation, which turns labor tasks into mechanized ones. The second is addition of new labor tasks, which increases specialization, as in the expanding variety literature. The paper shows that in equilibrium the unemployment caused by automation converges to zero over time.

Keywords: Automation; Unemployment; Technical change; Growth; Factor shares (search for similar items in EconPapers)
JEL-codes: J64 O14 O30 O40 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)

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Working Paper: Automation and Unemployment: Help is on the Way (2018)
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DOI: 10.1007/s10887-023-09233-9

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