In recent years, the number of automation projects has increased throughout the Finance Industry and particularly in … securities trading and processing. The same observation can be made for corporate actions automation projects. Corporate actions …

Automation affects workers because it affects the return to their skills when performing different tasks. I propose a … account: (i) automation happens to tasks and (ii) workers have bundled skills. Equilibrium skill returns vary across tasks …, and the impact of automation on skill returns is task-specific. I find that, to a first-order approximation, skill returns …

population ageing and increased automation for indicators of sustainability for the Nordic welfare states. …

Do higher wages lead to more automation innovation? To answer this question, we first use the frequency of certain … keywords in patent text to create a new measure of automation innovation in machinery. We show that our measure is correlated …-level panel analysis, we find that an increase in low-skill wages leads to more automation innovation with an elasticity between 2 …

This paper studies the role of trade for the joint uptake of AI-enabled automation in manufacturing and engineering. It …

This paper studies the uptake of AI-driven automation and its impact on employment, using a dynamic agent-based model … (ABM). It simulates the adoption of automation software as well as job destruction and job creation in its wake. There are …