We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the … diverted to automation that maximizes the long-run growth rate of the economy; (iv) the labor share declines with automation to …

We analyze the effects of declining population growth on automation. A simple theoretical model of capital accumulation … predicts that countries with lower population growth introduce automation technologies earlier. We test the theoretical …

We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …

Will low-skilled workers be replaced by automation? To answer this question, we set up a search and matching model that … features two skill types of workers and includes automation capital as an additional production factor. Automation capital is a … show that the accumulation of automation capital decreases the labor market tightness in the low-skilled labor market and …

We analyze the effects of automation on the wages of high-skilled and low-skilled workers and thereby on the evolution …

Will low-skilled workers be replaced by automation? To answer this question, we set up a search and matching model that … features two skill types of workers and includes automation capital as an additional production factor. Automation capital is a … show that the accumulation of automation capital decreases the labor market tightness in the low-skilled labor market and …

We analyze the effects of declining population growth on the adoption of automation technology. A standard theoretical … framework of the accumulation of traditional physical capital and of automation capital predicts that countries with a lower … population growth rate are the ones that innovate and/or adopt new automation technologies faster. We test the theoretical …

We analyze the effect of automation on economic growth and inequality in an R&D-based growth model with two types of … model predicts that innovationdriven growth leads to increasing automation, an increasing skill premium, an increasing …