higher wages at the bottom make interior automation less likely. Starting with interior automation, a reduction in the cost …We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either … capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of …

. As a consequence, it has promoted inefficiently high levels of automation. Moving from the US tax system in the 2010s to … restore the optimal level of automation. If moving to optimal taxes is infeasible, more modest reforms can still increase … employment by 1.14-1.96%, but in this case efficiency can be increased by imposing an additional automation tax to reduce the …

consequence of the fact that automation reduces the cost of producing using labor, and thus discourages further automation and … created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the labor … capital accumulation and the direction of research towards automation and the creation of new tasks. If the long-run rental …

consequence of the fact that automation reduces the cost of producing using labor, and thus discourages further automation and … created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the labor … capital accumulation and the direction of research towards automation and the creation of new tasks. If the long-run rental …

consequence of the fact that automation reduces the cost of producing using labor, and thus discourages further automation and … created. In a static version where capital is fixed and technology is exogenous, automation reduces employment and the labor … capital accumulation and the direction of research towards automation and the creation of new tasks. If the long-run rental …

. As a consequence, it has promoted inefficiently high levels of automation. Moving from the US tax system in the 2010s to … restore the optimal level of automation. If moving to optimal taxes is infeasible, more modest reforms can still increase … employment by 1.14–1.96%, but in this case efficiency can be increased by imposing an additional automation tax to reduce the …