Abstract: The labor market is changing ever more rapidly, and with that, the pressure to adapt and evolve has increased on everyone, One of the main drivers of change is technological progress, with technologies such as robots, software or AI fundamentally changing how work gets done and by whom. Automation both replaces certain tasks that humans used to do, and more importantly changes the required skills in occupations that are adapting new technologies. This presentation will draw on my research that sheds light on how individual adapt to change on the labor market. I explore how individuals transition between different career pathways and how they react, when faced with negative shocks. Knowing who can adapt to change and who may need help, provides important policy implications for the future of work. The research presented uses data spanning Europe and the US as well as state-of-the art empirical methods, including machine learning.
Biography: Lisa K. Simon is a postdoctoral researcher in Economics at the Stanford Graduate School of Business in the lab of Prof. Susan Athey. Her research focusses on the future of work, and how individual workers adapt to change, including to technological progress such as AI. She uses state-of-the-art methods in econometrics and machine learning as well as data sources from the US and Europe to answer these questions. Previously, Simon completed her PhD in Economics at the University of Munich in Germany. Her dissertation analyzed individual determinants of labor market outcomes, such as the impact of structural change on education and occupation choices. Simon has worked the ifo Institute - Germany's top policy think tank and research institute - as well as the OECD, French Ministry of Health and the European Parliament.