We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the … diverted to automation that maximizes the long-run growth rate of the economy; (iv) the labor share declines with automation to …

We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of … automation that maximizes long-run growth; (iv) the labor share declines with automation to an extent that fits to the observed …

We evaluate the 1968 H3N2 Flu pandemic’s economic cost in a cross-section of 52 countries. Using excess mortality rates ….9%). Our main findings highlight the role of both negative demand-side and supply-side shocks in the flu pandemic’s aftermath. …

This paper studies long economic series to assess the long-lasting effects of pandemics. We analyze if periods that … cover pandemics have a change in trend and persistence in growth, and in level and persistence in unemployment. We find that … there is an upward trend in the persistence level of growth across centuries. In particular, shocks originated by pandemics …

inequality. Estimations for India's economic revival are bleak and worsening with recent developments in the global economy. …