Markets for jobs and their task overlap

Routine-Biased technical change: Individual-Level evidence from a plant closure

“…Although the decrease in routine task content is significant, it is also relatively small. This is in line with recent findings in Goos et al (2019) showing that it is difficult for unemployed individuals with mainly routine task competencies to find new jobs that are less routine intensive but for which they partially qualify in terms of their nonroutine task competencies.…”

Resilience to Automation: the Role of Task Overlap for Job Finding

“…We interpret these connections as overlapping labor markets and representing the potential for reallocation. Second, we quantify the relevance of overlapping labor markets for unemployment duration by augmenting a standard matching function that allows for a flexible definition of the labor market, including overlap with markets that share task content (Goos et al, 2019). These constructs enable us to analyse technology exposure and its relationship to unemployment duration.…”

Minimum wages in an automating economy

“…Empirical studies show that automation has a substantial impact on routine tasks, leads to a polarized labor force, and increases inequality in the economy (e.g., Acemoglu & Restrepo, 2020a; Autor, 2015; Autor & Dorn, 2013; Autor et al, 2003, 2015; Goos & Manning, 2007; Graetz & Michaels, 2018). Moreover, Goos et al (2019) emphasize that the adjustment costs from automation on unemployed job seekers are unequally distributed between low‐skill and high‐skill workers. To reduce the emerging inequality various policy instruments, such as taxing robots, a basic universal income, or a minimum wage, are discussed (e.g., Acemoglu et al, 2020; Costinot & Werning, 2018; Freeman, 2015; Furman, 2019; Guerreiro et al, 2017; McAfee & Brynjolfsson, 2016; Thuemmel, 2018).…”

“…To analyze the labor market effects of a minimum wage in conjunction with automation, we build on the work of Acemoglu and Restrepo (2018a, 2018b, 2018d and that of Acemoglu and Autor (2011), both of which are interconnected, and are based on Zeira (1998) and Acemoglu and Zilibotti (2001). A task-based framework takes up the notion of labor markets that can be empirically characterized by the task content of jobs (e.g., Goos et al, 2019). Theoretically, a task-based framework allows us to model automation along intensive and extensive margins (Acemoglu & Restrepo, 2018c), also with respect to the effects that may arise in the interplay with the introduction of a minimum wage.…”