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240607 ||| eng |
| 020 |
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|a 9798400274596
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| 100 |
1 |
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|a Brollo, Fernanda
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| 245 |
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0 |
|a Strengthening Social Protection to Pave the Way for Technological Innovation
|b Evidence from the U.S.
|c Fernanda Brollo
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2024
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| 300 |
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|a 21 pages
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| 653 |
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|a Unemployment Insurance
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| 653 |
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|a Economics
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Financial crises
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| 653 |
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|a Labor markets
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| 653 |
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|a Aggregate Labor Productivity
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| 653 |
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|a Measurement and Analysis of Poverty
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| 653 |
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|a Labor
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| 653 |
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|a Economics of specific sectors
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| 653 |
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|a National Government Expenditures and Welfare Programs
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| 653 |
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|a Currency crises
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| 653 |
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|a Robotics
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Economic theory
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| 653 |
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|a Income economics
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| 653 |
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|a Employment
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| 653 |
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|a Economic & financial crises & disasters
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| 653 |
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|a Provision and Effects of Welfare Program
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| 653 |
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|a Technological Change: Choices and Consequences
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| 653 |
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|a Labour
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| 653 |
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|a Technology
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| 653 |
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|a Wages, Compensation, and Labor Costs: General
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| 653 |
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|a Economics: General
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| 653 |
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|a Unemployment
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| 653 |
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|a Informal sector
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| 653 |
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|a Diffusion Processes
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| 653 |
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|a Demand and Supply of Labor: General
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| 653 |
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|a Economic sectors
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| 653 |
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|a Aggregate Human Capital
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| 653 |
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|a Expenditure
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| 653 |
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|a Severance Pay
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| 653 |
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|a Plant Closings
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| 653 |
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|a Labor market
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| 653 |
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|a Unemployment benefits
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| 653 |
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|a Wages
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| 653 |
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|a Unemployment insurance
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| 653 |
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|a Intergenerational Income Distribution
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| 653 |
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|a Public Finance
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| 653 |
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|a Automation
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| 653 |
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|a Government Policy
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
0 |
|a 10.5089/9798400274596.001
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2024/095/001.2024.issue-095-en.xml?cid=548577-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a This paper investigates the impact of automation on the U.S. labor market from 2000 to 2007, specifically examining whether more generous social protection programs can mitigate negative effects. Following Acemoglu and Restrepo (2020), the study finds that areas with higher robot adoption reduced employment and wages, in particular for workers without collegue degree. Notably, the paper exploits differences in social protection generosity across states and finds that areas with more generous unemployment insurance (UI) alleviated the negative effects on wages, especially for less-skilled workers. The results suggest that UI allowed displaced workers to find better matches The findings emphasize the importance of robust social protection policies in addressing the challenges posed by automation, contributing valuable insights for policymakers
|