Offshoring characterizes much of the globalization phenomenon of the last century. However, the rapid development of automation technologies, combined with the disruption of Global Value Chains experienced at the international level, have put pressure on multinational’s decisions regarding...

We address two main structural changes occurring in developed countries: the rise of automation and population ageing. We use an R&D-based growth model in an OLG framework with endogenous education and fertility, and automation in the production process. Our model is able to combine the growth...

We look at how advances in AI and Robotics will affect employment in an economy with matching frictions and endogenous job destruction. In the model, tasks can be produced by workers or by machines. Workers have a comparative advantage in producing advanced tasks but machines tend to catch up...