This paper examines the effects of labor-replacing capital, which we call robots, on business cycle dynamics using a New Keynesian model with a role for both traditional and robot capital. We find that shocks to the price of robots have effects on output, employment, wages, and labor's share of...

Since the early 1990s, recoveries from recessions in the US have been plagued by weak employment growth. One possible explanation for these "jobless" recoveries is rooted in technological change: middle-skill jobs, often involving routine tasks, are lost during recessions, and the displaced...

This paper considers the problem of scheduling operations in bufferless robotic cells that produce identical parts. Finding a cyclic solution that minimizes the long-run average time to produce a part has long been a fundamental open problem. Most research has been focused on finding an optimal...

We consider the problem of scheduling operations in bufferless robotic cells that produce identical parts using either single-gripper or dual-gripper robots. The objective is to find a cyclic sequence of robot moves that minimizes the long-run average time to produce a part or, equivalently,...