change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor … taxation, automation capital, and capital adjustment costs. Labor and automation capital are perfect substitutes whereas labor …

, automation capital, and population growth. In the empirical analysis, we find indications for cointegrating equations for the … to 22% and up to 35% of observed changes in the two income shares and in automation capital, respectively. In a second … step, we present a standard neoclassical growth model augmented by automation capital and capital adjustment costs that is …

estimated employment effect of skills tends to be more pronounced in countries with higher unemployment …

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …

risk of unemployment two years after the treatment. However, the effects are heterogeneous as to gender, age, education …

risk of unemployment two years after the treatment. However, the effects are heterogeneous as to gender, age, education …