Automation, Bargaining Power, and Labor Market Fluctuations
Author
Abstract
Suggested Citation
DOI: 10.24148/wp2019-17
Note: The paper was previously circulated under the title “Robots or Workers? A Macro Analysis of Automation and Labor Markets", published July 18, 2019.
Download full text from publisher
Other versions of this item:
- Sylvain Leduc & Zheng Liu, 2024. "Automation, Bargaining Power, and Labor Market Fluctuations," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(4), pages 311-349, October.
References listed on IDEAS
- Robert Shimer, 2005. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies," American Economic Review, American Economic Association, vol. 95(1), pages 25-49, March.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Finkelstein Shapiro, Alan & Mandelman, Federico S., 2021. "Digital adoption, automation, and labor markets in developing countries," Journal of Development Economics, Elsevier, vol. 151(C).
- Guimarães, Luís & Mazeda Gil, Pedro, 2022.
"Looking ahead at the effects of automation in an economy with matching frictions,"
Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
- Guimarães, Luis & Gil, Pedro, 2019. "Looking ahead at the effects of automation in an economy with matching frictions," MPRA Paper 96238, University Library of Munich, Germany.
- Tsasa, Jean-Paul K., 2022. "Labor market volatility in a fully specified RBC search model: An analytical investigation," Journal of Mathematical Economics, Elsevier, vol. 103(C).
- Zhang, Yun & Samaniego, Roberto & Rodrigo, Rodimiro, 2025. "Robots and Inequality Between and Within Occupations," SocArXiv gtbm4_v1, Center for Open Science.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kyle Herkenhoff & Lee Ohanian, 2019.
"The Impact of Foreclosure Delay on U.S. Employment,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 63-83, January.
- Kyle Herkenhoff & Lee Ohanian, 2018. "Online Appendix to "The Impact of Foreclosure Delay on U.S. Employment"," Online Appendices 18-242, Review of Economic Dynamics.
- Jochen Mankart & Rigas Oikonomou, 2017.
"Household Search and the Aggregate Labour Market,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 84(4), pages 1735-1788.
- Mankart, Jochen & Oikonomou, Rigas, 2012. "Household Search and the Aggregate Labor Market," Economics Working Paper Series 1225, University of St. Gallen, School of Economics and Political Science.
- Mankart, Jochen & Oikonomou, Rigas, 2015. "Household search and the aggregate labor market," Discussion Papers 26/2015, Deutsche Bundesbank.
- Michael Christl, 2020.
"A Beveridge curve decomposition for Austria: did the liberalisation of the Austrian labour market shift the Beveridge curve?,"
Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 54(1), pages 1-15, December.
- Christl, Michael, 2020. "A Beveridge curve decomposition for Austria: did the liberalisation of the Austrian labour market shift the Beveridge curve?," Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 54(1), pages 1-7.
- Marcelo Veracierto, 2007.
"Establishments dynamics and matching frictions in classical competitive equilibrium,"
Working Paper Series
WP-07-16, Federal Reserve Bank of Chicago.
- Marcelo Veracierto, 2008. "Establishments Dynamics and Matching Frictions in Classical Competitive Equilibrium," 2008 Meeting Papers 505, Society for Economic Dynamics.
- Molnárová, Zuzana & Reiter, Michael, 2022.
"Technology, demand, and productivity: What an industry model tells us about business cycles,"
Journal of Economic Dynamics and Control, Elsevier, vol. 134(C).
- Molnarova, Zuzana & Reiter, Michael, 2021. "Technology, demand, and productivity: what an industry model tells us about business cycles," IHS Working Paper Series 29, Institute for Advanced Studies.
- John Carter Braxton & Kyle F. Herkenhoff & Jonathan Rothbaum & Lawrence Schmidt, 2021.
"Changing Income Risk across the US Skill Distribution: Evidence from a Generalized Kalman Filter,"
Opportunity and Inclusive Growth Institute Working Papers
55, Federal Reserve Bank of Minneapolis.
- J. Carter Braxton & Kyle F. Herkenhoff & Jonathan L. Rothbaum & Lawrence Schmidt, 2021. "Changing Income Risk across the US Skill Distribution: Evidence from a Generalized Kalman Filter," NBER Working Papers 29567, National Bureau of Economic Research, Inc.
- Zvi Eckstein & Ofer Setty & David Weiss, 2019.
"Financial Risk And Unemployment,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(2), pages 475-516, May.
- Ofer Setty & David Weiss & Zvi Eckstein, 2014. "Financial Risk and Unemployment," 2014 Meeting Papers 517, Society for Economic Dynamics.
- Eckstein, Zvi & Setty, Ofer & Weiss, David, 2015. "Financial Risk and Unemployment," CEPR Discussion Papers 10596, C.E.P.R. Discussion Papers.
- Esther Eiling & Raymond Kan & Ali Sharifkhani, 2018. "Sectoral Labor Reallocation and Return Predictability," Working Papers 2018-006, Human Capital and Economic Opportunity Working Group.
- Lamo, Ana & Messina, Julián & Wasmer, Etienne, 2011.
"Are specific skills an obstacle to labor market adjustment?,"
Labour Economics, Elsevier, vol. 18(2), pages 240-256, April.
- Lamo, Ana & Messina, Julián & Wasmer, Etienne, 2010. "Are Specific Skills an Obstacle to Labor Market Adjustment?," IZA Discussion Papers 5250, Institute of Labor Economics (IZA).
- Ana Lamo & Julian Messina & Etienne Wasmer, 2011. "Are specific skills an obstacle to labor market adjustment?," Post-Print hal-03415491, HAL.
- Ana Lamo & Julian Messina & Etienne Wasmer, 2011. "Are specific skills an obstacle to labor market adjustment?," SciencePo Working papers Main hal-03415491, HAL.
- Shigeru Fujita, 2011.
"Dynamics of worker flows and vacancies: evidence from the sign restriction approach,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(1), pages 89-121, January/F.
- Shigeru Fujita, 2009. "Dynamics of worker flows and vacancies: evidence from the sign restriction approach," Working Papers 07-12, Federal Reserve Bank of Philadelphia.
- repec:bic:journl:v:23:y:2023:i:1:p:2173915 is not listed on IDEAS
- repec:zbw:rwirep:0005 is not listed on IDEAS
- Daniel Agness & Travis Baseler & Sylvain Chassang & Pascaline Dupas & Erik Snowberg, 2022.
"Valuing the Time of the Self-Employed,"
CESifo Working Paper Series
9567, CESifo.
- Daniel Agness & Travis Baseler & Sylvain Chassang & Pascaline Dupas & Erik Snowberg, 2023. "Valuing the Time of the Self-Employed," Working Papers 310, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Daniel J. Agness & Travis Baseler & Sylvain Chassang & Pascaline Dupas & Erik Snowberg, 2022. "Valuing the Time of the Self-Employed," NBER Working Papers 29752, National Bureau of Economic Research, Inc.
- Daniel Agness & Travis Baseler & Sylvain Chassang & Pascaline Dupas & Erik Snowberg, 2022. "Valuing the Time of the Self-Employed," Working Papers 2022-2, Princeton University. Economics Department..
- Agness, Daniel & Baseler, Travis & Chassang, Sylvain & Dupas, Pascaline & Snowberg, Erik, 2022. "Valuing the Time of the Self-Employed," CEPR Discussion Papers 17017, C.E.P.R. Discussion Papers.
- Sniekers, F.J.T., 2013.
"Endogenous Beveridge cycles and the volatility of unemployment,"
CeNDEF Working Papers
13-12, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Sniekers, F., 2014. "Persistence and volatility of Beveridge cycles," CeNDEF Working Papers 14-11, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Sniekers, F., 2016. "Persistence and volatility of Beveridge cycles," CeNDEF Working Papers 16-05, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Ester Faia & Wolfgang Lechthaler & Christian Merkl, 2014.
"Labor Selection, Turnover Costs, and Optimal Monetary Policy,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(1), pages 115-144, February.
- Faia, Ester & Lechthaler, Wolfgang & Merkl, Christian, 2012. "Labor selection, turnover costs and optimal monetary policy," Kiel Working Papers 1534, Kiel Institute for the World Economy (IfW Kiel).
- Raven E. Saks & Abigail Wozniak, 2011.
"Labor Reallocation over the Business Cycle: New Evidence from Internal Migration,"
Journal of Labor Economics, University of Chicago Press, vol. 29(4), pages 697-739.
- Saks, Raven E. & Wozniak, Abigail, 2007. "Labor Reallocation over the Business Cycle: New Evidence from Internal Migration," IZA Discussion Papers 2766, Institute of Labor Economics (IZA).
- Raven E. Saks & Abigail Wozniak, 2007. "Labor reallocation over the business cycle: new evidence from internal migration," Finance and Economics Discussion Series 2007-32, Board of Governors of the Federal Reserve System (U.S.).
- Antonella Trigari, 2006. "The Role of Search Frictions and Bargaining for Inflation Dynamics," Working Papers 304, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Koenig, Felix & Manning, Alan & Petrongolo, Barbara, 2014.
"Reservation wages and the wage flexibility puzzle,"
LSE Research Online Documents on Economics
60613, London School of Economics and Political Science, LSE Library.
- Felix Koenig & Alan Manning & Barbara Petrongolo, 2016. "Reservation Wages and the Wage Flexibility Puzzle," Working Papers 787, Queen Mary University of London, School of Economics and Finance.
- Koenig, Felix & Manning, Alan & Petrongolo, Barbara, 2016. "Reservation Wages and the Wage Flexibility Puzzle," IZA Discussion Papers 9717, Institute of Labor Economics (IZA).
- Felix Koenig & Alan Manning & Barbara Petrongolo, 2016. "Reservation wages and the wage flexibility puzzle," CEP Discussion Papers dp1406, Centre for Economic Performance, LSE.
- Koenig, Felix & Manning, Alan & Petrongolo, Barbara, 2016. "Reservation wages and the wage flexibility puzzle," CEPR Discussion Papers 11109, C.E.P.R. Discussion Papers.
- Koenig, Felix & Manning, Alan & Petrongolo, Barbara, 2016. "Reservation wages and the wage flexibility puzzle," LSE Research Online Documents on Economics 66417, London School of Economics and Political Science, LSE Library.
- Toshihiko Mukoyama, 2019.
"Heterogeneous Jobs and the Aggregate Labour Market,"
The Japanese Economic Review, Springer, vol. 70(1), pages 30-50, March.
- Toshihiko Mukoyama, 2019. "Heterogeneous Jobs and the Aggregate Labour Market," The Japanese Economic Review, Japanese Economic Association, vol. 70(1), pages 30-50, March.
- Toshihiko Mukoyama, 2018. "Heterogeneous Jobs and the Aggregate Labor Market," Working Papers gueconwpa~18-18-01, Georgetown University, Department of Economics.
- van Roye, Björn & Wesselbaum, Dennis, 2009. "Capital, endogenous separations, and the business cycle," Kiel Working Papers 1561, Kiel Institute for the World Economy (IfW Kiel).
- Gabriel J. Felbermayr & Mario Larch & Wolfgang Lechthaler, 2013.
"Unemployment in an Interdependent World,"
American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 262-301, February.
- Felbermayr, Gabriel & Larch, Mario & Lechthaler, Wolfgang, 2009. "Unemployment in an interdependent world," Kiel Working Papers 1540, Kiel Institute for the World Economy (IfW Kiel).
- Felbermayr, Gabriel & Larch, Mario & Lechthaler, Wolfgang, 2012. "Unemployment in an interdependent world," Kiel Working Papers 1540 [rev.], Kiel Institute for the World Economy (IfW Kiel).
- Felbermayr, Gabriel & Larch, Mario & Lechthaler, Wolfgang, 2013. "Unemployment in an interdependent world," Munich Reprints in Economics 20597, University of Munich, Department of Economics.
- Gabriel Felbermayr & Mario Larch & Wolfgang Lechthaler & Gabriel J. Felbermayr, 2009. "Unemployment in an Interdependent World," CESifo Working Paper Series 2788, CESifo.
- Wolfgang Lechthaler & Mario Larch & Gabriel Felbermayr, 2009. "Unemployment in an Interdependent World," 2009 Meeting Papers 596, Society for Economic Dynamics.
- Felbermayr, Gabriel & Larch, Mario & Lechthaler, Wolfgang, 2009. "Unemployment in an interdependent world," FZID Discussion Papers 06-2009, University of Hohenheim, Center for Research on Innovation and Services (FZID).
- Galí, Jordi, 2010.
"Monetary Policy and Unemployment,"
Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 10, pages 487-546,
Elsevier.
- Jordi Galí, 2009. "Monetary policy and unemployment," Economics Working Papers 1198, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2010.
- Jordi Galí, 2010. "Monetary Policy and Unemployment," NBER Working Papers 15871, National Bureau of Economic Research, Inc.
- Jordi GalÃ, 2015. "Monetary Policy and Unemployment," Working Papers 435, Barcelona School of Economics.
- GalÃ, Jordi, 2010. "Monetary Policy and Unemployment," CEPR Discussion Papers 7771, C.E.P.R. Discussion Papers.
More about this item
Keywords
automation; bargaining power; unemployment; wages; productivity; business cycles;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2019-07-29 (Dynamic General Equilibrium)
- NEP-LAB-2019-07-29 (Labour Economics)
- NEP-MAC-2019-07-29 (Macroeconomics)
- NEP-PAY-2019-07-29 (Payment Systems and Financial Technology)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedfwp:2019-17. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Federal Reserve Bank of San Francisco Research Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbsfus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.