Automation and labor market outcomes : the pivotal role of high-quality education (English)

Automation will be a boon or a catastrophe depending on whom you listen to. This paper proposes an overlapping-generations model with endogenous school choice in which the quality of a country's education system determines how well skill supply can respond to increased demand from automation and subsequently whether automation will be beneficial or detrimental. In this sense, education quality in the model offers a bridge between the optimistic and...

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Author

Bentaouet Kattan,Raja;

Macdonald,Kevin Alan David;

Patrinos,Harry Anthony;
Document Date
2018/06/14
Document Type
Policy Research Working Paper
Report Number
WPS8474
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2018/06/14
Disclosure Status
Disclosed
Doc Name
Automation and labor market outcomes : the pivotal role of high-quality education
Keywords
constant elasticity of substitution

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Bentaouet Kattan,Raja; Macdonald,Kevin Alan David; Patrinos,Harry Anthony.

Automation and labor market outcomes : the pivotal role of high-quality education (English). Policy Research working paper|no. WPS 8474 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/356581528983322638

Automation and labor market outcomes : the pivotal role of high-quality education (English)

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