Technology and the Future of Work
IMF Working Papers, September 28, 2018
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- Technology and the Future of Work
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Bibliographic details
- Authors: Agustin Roitman
- Published: September 28, 2018
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781484374979.001
Overview
- Title: Technology and the Future of Work
- Author: Agustin Roitman
- Date: September 28, 2018
- Format: IMF Working Papers, Working Paper No. 2018/207
- Pages: 28
- Volume: 2018
- Issue: 207
- DOI: https://doi.org/10.5089/9781484374979.001
- ISBN: 9781484374979
- ISSN: 1018-5941
Methodology and Scope
- Uses a DSGE model to simulate the impact of technological change on labor markets and income distribution.
- Subject tags: Economic sectors, Financial crises, Income, Labor, Labor force, Labor share, National accounts, Unskilled labor.
- Keywords include: drivers of labor income share, GDP gain, Global, Income, income distribution, income gain, income polarization, increase in capital-labor substitutability, Labor force, labor markets, Labor share, market income, middle-skilled workers, office job, price drop, productivity gain, routine office job, routine task intensity index, Technology, Unskilled labor.
Key Findings
- Technological advances offer prospects for stronger productivity and growth.
- Technological change brings risks of increased income polarization.
- The model implies heterogeneous impacts across skill groups, notably affecting low-skilled and middle-skilled workers (including routine office jobs and routine tasks).
Policy Implications and Recommendations
- Inclusive policies are required and should be tailored to country-specific circumstances and preferences.
- Invest in human capital to facilitate retooling of low-skilled workers so they can partake in the gains of technological change.
- Implement redistributive policies (such as differentiated income tax cuts) to help reallocate gains.
- Adopt policies to facilitate the process of adjustment to technological change.
Publication and Access Notes
- Classified as an IMF Working Paper; disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
- Citation example provided in source: Agustin Roitman. "Technology and the Future of Work", IMF Working Papers 2018, 207 (2018), accessed 9/16/2026, https://doi.org/10.5089/9781484374979.001
Source: IMF Working Paper — "Technology and the Future of Work" (Working Paper No. 2018/207) by Agustin Roitman, September 28, 2018.
Content in this bundle
- Technology and the Future of Work, WP/18/207, September 2018