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The possibility that local consumption amenities provided by bars, restaurants, and other retail services improve neighborhood or city attractiveness has received increasing attention in the literature. Empirical research thus far has focused on the number of establishments in an area. This...
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rise in robotic productivity is more likely to lower the welfare of young workers and future generations when the saving … more important complement to labor. In some parameterizations the relationship of utility to robotic productivity follows a … redistribute income across generations can ensure that a rise in robotic productivity benefits all generations …
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Flexible robotic cells combine the capabilities of robotic flow shops with those of flexible manufacturing systems. In an m-machine flexible cell, each part visits each machine in the same order. However, the m operations can be performed in any order, and each machine can be configured to...
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This paper examines the implications of automation capital in a Solow growth model with two types of labour. We study the transition from standard production to production using automation capital which substitutes low-skilled workers. We assume that despite advances in technology, AI and...
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rise in robotic productivity is more likely to lower the welfare of young workers and future generations when the saving … more important complement to labor. In some parameterizations the relationship of utility to robotic productivity follows a … redistribute income across generations can ensure that a rise in robotic productivity benefits all generations …
Persistent link: https://www.econbiz.de/10012457575