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The Race Between Machine and Man : Implications of Technology for Growth, Factor Shares and Employment
Acemoglu, Daron
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2016
created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the
labor
…
share
, and may even reduce wages, while the creation of new tasks has the opposite effects. Our full model endogenizes …
Persistent link: https://www.econbiz.de/10012456424
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