impact of AI on jobs, inequality, wages, labor productivity and long-run GDP growth are explored. …

Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …

substitution is low, then GDP, productivity and wage growth may however still slow down, because the economy will then fail to …, productivity, and GDP. …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … in endogenous growth theory, but modified to allow for demand-side constraints. This is a novel approach, given that … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP …

things equal. Increased participation in higher education enhances productivity progress and is accompanied by rising wage …

subsequent recovery of left-handedness observed over the last few centuries in the Western world, we propose a theory in which …