Do robots make recessions worse for workers? 🤖📉

Our latest research revisits #OkunsLaw and finds that higher automation is linked to smaller rises in unemployment during downturns.

New evidence on automation & employment dynamics ⬇️

bit.ly/3Mqnu2H

#AcaSky

Exploring the impact of automation on employment during expansions and contractions: An examination of Okun’s Law This article examines the impact of robotization on the short-term correlation between employment and output. We estimate the Okun’s Law relationship utilizing panel data from 35 OECD countries for th...

🧵 (2/8) Automation and recessions

Does automation protect jobs during downturns?

Michał Brzozowski & Joanna Siwińska-Gorzelak revisit #OkunsLaw across 35 OECD countries and find that automation can cushion job losses in recessions.

🔗 bit.ly/4aLsPvi

#Automation #FutureOfWork