We present a framework for understanding the effects of automation and other types of technological changes on labor … allocation of tasks to capital and labor—the task content of production. Automation, which enables capital to replace labor in … a result, automation always reduces the labor share in value added and may reduce labor demand even as it raises …

automation technology, the model embodies an important tradeoff between reallocating employment across occupations and … reallocation of workers towards non-employment. Quantitatively, we find that advances in automation technology on their own account …

on robots and trade, the magnitude of these taxes may decrease as the process of automation and globalization deepens and …

harmonized cross-country and industry data, where we measure automation as industry-level movements in total factor productivity … (TFP) that are common across countries. We find that automation displaces employment and reduces labor's share of value …

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 …