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 …

robot tax that has featured prominently in the policy debate on automation and show that it could raise the capital stock … and per capita output at the steady state. However, the robot tax cannot induce a takeoff toward positive long-run growth. …