Rise of the machines: the effects of labor-saving innovations on jobs and wages

How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate, and what types of worker will be replaced as a result? We present a model that distinguishes between a task's engineering complexity and its training requirements. When two ta...

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Bibliographic details
Main Author: Feng, Andy
Graetz, Georg
Format: Book
Place of publication: Centre for Economic Performance, London School of Economics and Political Science 01.02.2015
Data of publication: 2015-02
Subjects:
Online Access: available in Bonn?
Database: LSE Research Online
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