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Recent evidence for the U.S. suggests that recessions play a crucial role in promoting automation and the reallocation …
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Recent evidence suggests that recessions play a crucial role in promoting automation and the reallocation of productive …, income groups, industries, and regions, the two indices are strongly negatively correlated, suggesting that automation will …
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well as traditional and automation capital (e.g. robots). Robots can substitute for routine labor. We show that both … rise. Although expected advances in automation technologies are able to mitigate or even circumvent output losses in the …
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