TY - BOOK ID - 85504625 TI - Technology and the Future of Work AU - Peralta, Adrian. AU - Roitman, Agustin. PY - 2018 SN - 1484379705 1484379632 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Macroeconomics KW - Economics: General KW - International Economics KW - Labor KW - Foreign Exchange KW - Informal Economy KW - Underground Econom KW - Employment KW - Unemployment KW - Wages KW - Intergenerational Income Distribution KW - Aggregate Human Capital KW - Aggregate Labor Productivity KW - Aggregate Factor Income Distribution KW - Prices, Business Fluctuations, and Cycles: Forecasting and Simulation KW - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General KW - Labor Economics: General KW - Professional Labor Markets KW - Occupational Licensing KW - Wages, Compensation, and Labor Costs: General KW - Labor Force and Employment, Size, and Structure KW - Economic & financial crises & disasters KW - Economics of specific sectors KW - Labour KW - income economics KW - Financial crises KW - Economic sectors KW - Income KW - National accounts KW - Unskilled labor KW - Labor share KW - Labor force KW - Currency crises KW - Informal sector KW - Economics KW - Labor market KW - Labor economics KW - Mexico KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:85504625 AB - This paper uses a DSGE model to simulate the impact of technological change on labor markets and income distribution. It finds that technological advances offers prospects for stronger productivity and growth, but brings risks of increased income polarization. This calls for inclusive policies tailored to country-specific circumstances and preferences, such as investment in human capital to facilitate retooling of low-skilled workers so that they can partake in the gains of technological change, and redistributive policies (such as differentiated income tax cuts) to help reallocate gains. Policies are also needed to facilitate the process of adjustment. ER -