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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DETALHES
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2018/06/14
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Documento de trabalho sobre pesquisa de políticas
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WPS8474
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1
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1
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2018/06/14
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Disclosed
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Automation and labor market outcomes : the pivotal role of high-quality education
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constant elasticity of substitution
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