The prudence theory predicts that economic insecurity reduces all consumption expenditures. We question this prediction by estimating the effect of economic insecurity on various expenditure items using an Australian longitudinal data set (HILDA) and panel regressions. Our results confirm that...

Using survey data from 20 European countries, we construct novel worker-level indices of routine, abstract, social, and physical tasks across 20 European countries, which we combine with industry-level robotization exposure. Our conceptual framework builds on the insight that robotization...