from country industry variation in the adoption of robots. Our model also implies that the productivity implications of … aging are ambiguous when technology responds to demographic change, but we should expect productivity to increase and labor …

impacts upon technological progress and thereby also on productivity growth. The empirical results clearly confirm the … detrimental to economic prosperity, at least as far as technological progress and productivity growth are concerned. …

savings and investment. Jointly with meagre productivity growth, this implies a low natural rate of interest that conditions …, artificial intelligence, automation) may increase productivity growth but at the risk of having disruptive effects on employment …