IDEAS home Printed from https://ideas.repec.org/p/iza/izapps/pp100.html
   My bibliography  Save this paper

The Big Trade-Off in the World of Labor

Author

Listed:
  • Zimmermann, Klaus F.

    (University of Bonn)

Abstract

The world is changing rapidly. This paper describes key shifts and it discusses their likely impacts on employment-related aspects. Labor market pressures are felt around the globe, and robots and automation increasingly become reality. However, there will be no "end of work". Rather, it is that work will take on different forms. Important innovations are required nonetheless to carefully and smartly balance the positives and negatives of the changing workforce and workplace. But societies have already shown their ability to cope with great changes in the past.

Suggested Citation

  • Zimmermann, Klaus F., 2015. "The Big Trade-Off in the World of Labor," IZA Policy Papers 100, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izapps:pp100
    as

    Download full text from publisher

    File URL: https://docs.iza.org/pp100.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Georg Graetz & Guy Michaels, 2018. "Robots at Work," The Review of Economics and Statistics, MIT Press, vol. 100(5), pages 753-768, December.
    2. Xin Meng, 2012. "Labor Market Outcomes and Reforms in China," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 75-102, Fall.
    3. Frey, Carl Benedikt & Osborne, Michael A., 2017. "The future of employment: How susceptible are jobs to computerisation?," Technological Forecasting and Social Change, Elsevier, vol. 114(C), pages 254-280.
    Full references (including those not matched with items on IDEAS)

    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.
    1. Loebbing, Jonas, 2018. "An Elementary Theory of Endogenous Technical Change and Wage Inequality," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181603, Verein für Socialpolitik / German Economic Association.
    2. Basso, Henrique S. & Jimeno, Juan F., 2021. "From secular stagnation to robocalypse? Implications of demographic and technological changes," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 833-847.
    3. Czarnitzki, Dirk & Fernández, Gastón P. & Rammer, Christian, 2023. "Artificial intelligence and firm-level productivity," Journal of Economic Behavior & Organization, Elsevier, vol. 211(C), pages 188-205.
    4. Juan F. Jimeno, 2019. "Fewer babies and more robots: economic growth in a new era of demographic and technological changes," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 10(2), pages 93-114, June.
    5. Zilian, Laura S. & Zilian, Stella S. & Jäger, Georg, 2021. "Labour market polarisation revisited: evidence from Austrian vacancy data," Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 55, pages 1-7.
    6. Abeliansky, Ana Lucia & Beulmann, Matthias, 2019. "Are they coming for us? Industrial robots and the mental health of workers," University of Göttingen Working Papers in Economics 379, University of Goettingen, Department of Economics.
    7. Delera, Michele & Pietrobelli, Carlo & Calza, Elisa & Lavopa, Alejandro, 2022. "Does value chain participation facilitate the adoption of Industry 4.0 technologies in developing countries?," World Development, Elsevier, vol. 152(C).
    8. Montobbio, Fabio & Staccioli, Jacopo & Virgillito, Maria Enrica & Vivarelli, Marco, 2022. "Robots and the origin of their labour-saving impact," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    9. Ilona Pavlenkova & Luca Alfieri & Jaan Masso, 2021. "Effects Of Automation On The Gender Pay Gap: The Case Of Estonia," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 131, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    10. Fernández-Macías, Enrique & Klenert, David & Antón, José-Ignacio, 2021. "Not so disruptive yet? Characteristics, distribution and determinants of robots in Europe," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 76-89.
    11. Cali,Massimiliano & Presidente,Giorgio, 2021. "Automation and Manufacturing Performance in a Developing Country," Policy Research Working Paper Series 9653, The World Bank.
    12. Prettner, Klaus & Strulik, Holger, 2020. "Innovation, automation, and inequality: Policy challenges in the race against the machine," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 249-265.
    13. Krenz, Astrid & Prettner, Klaus & Strulik, Holger, 2021. "Robots, reshoring, and the lot of low-skilled workers," European Economic Review, Elsevier, vol. 136(C).
    14. Hensvik, Lena & Skans, Oskar Nordström, 2023. "The skill-specific impact of past and projected occupational decline," Labour Economics, Elsevier, vol. 81(C).
    15. Mario Benassi & Elena Grinza & Francesco Rentocchini & Laura Rondi, 2022. "Patenting in 4IR technologies and firm performance [Robots and jobs: evidence from US labor markets]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 31(1), pages 112-136.
    16. Seamus McGuinness & Konstantinos Pouliakas & Paul Redmond, 2023. "Skills-displacing technological change and its impact on jobs: challenging technological alarmism?," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 32(3), pages 370-392, April.
    17. Zhihui Dai & Yue Niu & Hongru Zhang & Xiaodi Niu, 2022. "Impact of the Transforming and Upgrading of China’s Labor-Intensive Manufacturing Industry on the Labor Market," Sustainability, MDPI, vol. 14(21), pages 1-25, October.
    18. Manav Raj & Robert Seamans, 2018. "Artificial Intelligence, Labor, Productivity, and the Need for Firm-Level Data," NBER Chapters, in: The Economics of Artificial Intelligence: An Agenda, pages 553-565, National Bureau of Economic Research, Inc.
    19. Morikawa, Masayuki, 2017. "Who Are Afraid of Losing Their Jobs to Artificial Intelligence and Robots? Evidence from a Survey," GLO Discussion Paper Series 71, Global Labor Organization (GLO).
    20. ADACHI Daisuke & KAWAGUCHI Daiji & SAITO Yukiko, 2020. "Robots and Employment: Evidence from Japan, 1978-2017," Discussion papers 20051, Research Institute of Economy, Trade and Industry (RIETI).

    More about this item

    Keywords

    flexibility; informality; demographic change; technological change; productivity; automation; robots;
    All these keywords.

    JEL classification:

    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    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:iza:izapps:pp100. 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: Holger Hinte (email available below). General contact details of provider: https://edirc.repec.org/data/izaaade.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.