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We analyze the effects of automation on the wages of high-skilled and low- skilled workers and thereby on the evolution …
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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 …-skilled labour and are not automatable. We show that under these assumptions, automation capital does not generate endogenous growth …
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"We examine the key components that determine an individual's early career wage growth and how these factors have changed for less skilled workers over the last twenty years. In particular, we examine the relative importance of accumulating work experience as compared to the quality of job...
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