by the relative wage declines of worker groups specialized in routine tasks in industries experiencing rapid automation … capital. Automation technologies expand the set of tasks performed by capital, displacing certain worker groups from … between 1980 and 2016. Our task displacement variable captures the effects of automation technologies (and to a lesser degree …

, and investment in physical and automation capital. We first use the model to evaluate the distributional consequences of … automation. We find heterogeneity in its impact across different occupations, leading to a significant polarization in welfare … redistributive policies that transfer resources from those who benefit from automation to those who bear the brunt of its costs. We …

. 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 …

COVID-19 may accelerate the automation of jobs, as employers invest in technology to adapt the production process to … safeguard against current and potential future pandemics. We identify occupations that have high automation potential and also …

automation further compound the challenge of job creation, which is already quite sizable in historical perspective. Failure to …

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 …

computerization and automation, have been characterized as "routine-substituting." They have reduced the demand for routine tasks, but …