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This study explores automation and employment in a task-based model. Each worker has her own likelihood of job mismatch, represented as her individual mismatch probability (IMP). Her IMP depends on the level of automation and her ability, represented as the number of her unsuitable tasks. The...
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This study investigates how the automation of high- and low-skilled labor tasks affects educational investment and the job seeking of workers for either high- or low-skilled labor tasks. We consider the probabilities of worker job mismatch where workers obtain their own set of suitable and...
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