period marked by the rapid adoption of industrial robots. Automation reduced relative hourly wages and employment of more … input to the EUROMOD microsimulation model, we find that automation had minor effects on income inequality. Household labour … income diversification and tax and welfare policies largely absorbed labour market shocks caused by automation. Transfers …

period of rapid adoption of industrial robots. Automation reduced relative hourly wages and employment of more exposed … microsimulation model, we find that automation had minor effects on income inequality. Household labour income diversification and tax … and welfare policies largely absorbed labour market shocks caused by automation. Transfers played a key role in cushioning …

We argue theoretically and document empirically that aging leads to greater (industrial) automation, and in particular … older to middle-aged workers — is associated with greater adoption of robots and other automation technologies across … development of automation technologies in countries undergoing greater demographic change. Our directed technological change model …