occurred simultaneously, is the reduction of the total factor productivity during the emergence of the computerage - the so … called productivity paradox. This contribution offers a simple unified solution to both of these puzzles and explains the … share of individuals who choose a less productive qualification may lead to a transitory slowdown of the productivity growth …

occured simultaneously, is the reduction of the total factor productivity during the emergence of the computerage - the so … called productivity paradox. This contribution offers a simple unified solution to both of these puzzles and explains the … share of individuals who choose a less productive qualification may lead to a transitory slowdown of the productivity growth …

occured simultaneously, is the reduction of the total factor productivity during the emergence of the computerage - the so … called productivity paradox. This contribution offers a simple unified solution to both of these puzzles and explains the … share of individuals who choose a less productive qualification may lead to a transitory slowdown of the productivity growth …

well as traditional and automation capital (e.g. robots). Robots can substitute for routine labor. We show that both …, population aging and higher robot productivity, foster the increased use of robotics. Population aging decreases and progress in … rise. Although expected advances in automation technologies are able to mitigate or even circumvent output losses in the …

well as traditional and automation capital (e.g. robots). Robots can substitute for routine labor. We show that both …, population aging and higher robot productivity, foster the increased use of robotics. Population aging decreases and progress in … rise. Although expected advances in automation technologies are able to mitigate or even circumvent output losses in the …

affected by automation in households and firms. We calibrate the model for the U.S. and apply it to explain the historical …-1960, innovations in household automation motivate the decline of the servant economy and the creation of new household tasks motivates … in firm automation and the implied increase of the skill premium explain the return of the servant economy. We show the …

. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production …We propose a theoretical framework to analyze the offshoring and reshoring decisions of firms in the age of automation … it leads also to increasing wages for high-skilled workers, automation induced reshoring is associated with an increasing …

. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production …We propose a theoretical framework to analyze the offshoring and reshoring decisions of firms in the age of automation … it leads also to increasing wages for high-skilled workers, automation induced reshoring is associated with an increasing …

. Our theory suggests that increasing productivity in automation leads to a relocation of previously offshored production …We propose a theoretical framework to analyze the offshoring and reshoring decisions of firms in the age of automation … it leads also to increasing wages for high-skilled workers, automation-induced reshoring is associated with an increasing …

affected by automation in households and firms. We calibrate the model for the U.S. and apply it to explain the historical …-1960, innovations in household automation motivate the decline of the servant economy and the creation of new household tasks motivates … in firm automation and the implied increase of the skill premium explain the return of the servant economy. We show the …