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来源类型Working Paper
规范类型报告
DOI10.3386/w27122
来源IDWorking Paper 27122
The Macroeconomics of Automation: Data, Theory, and Policy Analysis
Nir Jaimovich; Itay Saporta-Eksten; Henry E. Siu; Yaniv Yedid-Levi
发表日期2020-05-11
出版年2020
语种英语
摘要During the last four decades, the U.S. has experienced a fall in the employment in middle-wage, "routine-task-intensive," occupations. We analyze the characteristics of those who used to be employed in such occupations and show that this type of individual is nowadays more likely to be out of the labor force or working in low-paying occupations. Based on these findings, we develop a quantitative, general equilibrium model, with heterogeneous agents, labor force participation, occupational choice, and investment in physical and automation capital. We first use the model to evaluate the distributional consequences of automation. We find heterogeneity in its impact across different occupations, leading to a significant polarization in welfare. We then use this framework as a laboratory to evaluate various public policies such as retraining, and explicitly redistributive policies that transfer resources from those who benefit from automation to those who bear the brunt of its costs. We assess the tradeoffs between the aggregate impact and welfare distributional consequences of such policies.
主题Macroeconomics ; Consumption and Investment ; Fiscal Policy
URLhttps://www.nber.org/papers/w27122
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/584795
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GB/T 7714
Nir Jaimovich,Itay Saporta-Eksten,Henry E. Siu,et al. The Macroeconomics of Automation: Data, Theory, and Policy Analysis. 2020.
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