robot tax that has featured prominently in the policy debate on automation and show that it could raise the capital stock …We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While … automation implies constant returns to capital within this model class (even in the absence of technological progress), we show …

We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of … competition in export markets tend to reduce investments in automation technologies. These average negative effects are driven by … the least productive firms, while the most efficient exporters in industries that are more prone to automation tend to …

We examine the impact of labor market power on firms' adoption of automation technologies. We develop a model that … incorporates labor market power into the task-based theory of automation. We show that, due to higher marginal cost of labor … employment effects of automation. Using data from US commuting zones, our results show that commuting zones that are more exposed …

well as traditional and automation capital (e.g. robots). Robots can substitute for routine labor. We show that both …, population aging and higher robot productivity, foster the increased use of robotics. Population aging decreases and progress in … robot technology increases long-run output per capita. In both cases, inequalities in labor income, wealth and consumption …