Automation and the displacement of labor by capital : asset pricing theory and empirical evidence

Jiří Knesl

Year of publication:	2023
Authors:	Knesl, Jiří
Published in:	Journal of financial economics. - Amsterdam [u.a.] : Elsevier, ISSN 0304-405X, ZDB-ID 187118-3. - Vol. 147.2023, 2, p. 271-296
Subject:	Automation \| Technology shock \| Technology adoption \| Stock returns \| Displacement \| Risk premium \| Automatisierung \| CAPM \| Technischer Fortschritt \| Technological change \| Risikoprämie \| Kapitaleinkommen \| Capital income \| Schätzung \| Estimation \| Theorie \| Theory \| Kapitalmarktrendite \| Capital market returns \| Schock \| Shock

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