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Robots, Trade, and Luddism : A Sufficient Statistic Approach to Optimal Technology Regulation
Costinot, Arnaud - 2018
valued? We provide a general theory of optimal technology regulation in a second best world, with rich heterogeneity across …
Persistent link: https://www.econbiz.de/10012910297
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Demographics and Automation
Acemoglu, Daron - 2018
countries and with more robotics-related activities across US commuting zones. We also provide evidence of more rapid …
Persistent link: https://www.econbiz.de/10012924461
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Robots are Us : Some Economics of Human Replacement
Benzell, Seth - 2015
Will smart machines do to humans what the internal combustion engine did to horses – make them obsolete? If so, can putting people out of work or, at least, good work leave them unable to buy what smart machines produce? Our model's answer is yes. Over time and under the right conditions,...
Persistent link: https://www.econbiz.de/10013028067
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Ai, Labor, Productivity and the Need for Firm-Level Data
Seamans, Robert - 2018
We summarize existing empirical findings regarding the adoption of robotics and AI and its effects on aggregated labor … conditions under which robotics and AI complement or are substituting for labor. Further, firm-level data would also allow for …
Persistent link: https://www.econbiz.de/10012929542
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Social Media, Sentiment and Public Opinions : Evidence from #Brexit and #Uselection
Gorodnichenko, Yuriy - 2018
This paper studies information diffusion in social media and the role of bots in shaping public opinions. Using Twitter data on the 2016 E.U. Referendum (“Brexit”) and the 2016 U.S. Presidential Election, we find that diffusion of information on Twitter is largely complete within 1-2 hours....
Persistent link: https://www.econbiz.de/10012918621
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Robots and Jobs : Evidence from Us Labor Markets
Acemoglu, Daron - 2017
concern about the future of jobs and wages. We analyze the effect of the increase in industrial robot usage between 1990 and … correlated with these other variables). According to our estimates, one more robot per thousand workers reduces the employment to …
Persistent link: https://www.econbiz.de/10012960156
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Secular Stagnation? The Effect of Aging on Economic Growth in the Age of Automation
Acemoglu, Daron - 2017
Several recent theories emphasize the negative effects of an aging population on economic growth, either because of the lower labor force participation and productivity of older workers or because aging will create an excess of savings over desired investment, leading to secular stagnation. We...
Persistent link: https://www.econbiz.de/10012964893
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Robots : Curse or Blessing? A Basic Framework
Sachs, Jeffrey D. - 2015
Do robots raise or lower economic well-being? On the one hand, they raise output and bring more goods and services into reach. On the other hand, they eliminate jobs, shift investments away from machines that complement labor, lower wages, and immiserize workers who cannot compete. The net...
Persistent link: https://www.econbiz.de/10013024502
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Should Robots Be Taxed?
Guerreiro, Joao - 2017
, optimal robot taxes are zero …
Persistent link: https://www.econbiz.de/10012948062
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Competing with Robots : Firm-Level Evidence from France
Acemoglu, Daron; Lelarge, Claire; Restrepo, Pascual - 2022
Using several sources, we construct a data set of robot purchases by French manufacturing firms and study the firm …-level implications of robot adoption. Out of 55,390 firms in our sample, 598 have adopted robots between 2010 and 2015, but these firms … account for 20% of manufacturing employment and value added. Consistent with theory, robot adopters experience significant …
Persistent link: https://www.econbiz.de/10013307903