change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor … taxation, automation capital, and capital adjustment costs. Labor and automation capital are perfect substitutes whereas labor …

change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor … taxation, automation capital, and capital adjustment costs. Labor and automation capital are perfect substitutes whereas labor …

how this framework can generate changes in unemployment and labor participation that match those uncovered by the ….S. states, including many that experience unemployment during the transition. However, nominal rigidities reduce the overall U …

increases job-finding in the private sector by 10 percentage points within one year of unemployment. Six years later, high …