, artificial intelligence, automation) may increase productivity growth but at the risk of having disruptive effects on employment … savings and investment. Jointly with meagre productivity growth, this implies a low natural rate of interest that conditions … the effectiveness of monetary and fiscal policies, especially in a world of high debt. New technological changes (robots …

robots. However, controlling for plant size, we find that plant-level productivity has no, if not negative, impact on robot …) Robot use is relatively rare with only 1.55% German plants using robots in 2018. (2) The distribution of robots is highly …

: (1) Robot use is relatively rare with only 1.55% German plants using robots in 2018. (2) The robot distribution is highly … probability of robot adoption. However, controlling for plant size, we find that plant-level productivity has no, if not negative …

This paper presents a new framework for analyzing automation, robotics, and hightech, which differs from the canonical … effects of an increased use of robotics on inequality. We show that robots affect the "matching effect" between abilities and … education, and in consequence, inequality increases. We also show that wages and productivity gaps between high-tech and low …

, labor productivity, automation, and total factor productivity. We find that increasing life expectancy and labor … automation also helps improve productivity of old age groups but in a different way. When robot density increases, old age groups … productivity benefit old age groups as they likely help older age groups contribute more positively to future growth. More …

suggest that higher penetration of industrial robots in the local labor market is positively related to the health of the low …-skilled population. A ten percent increase in robots per 1,000 workers is associated with an approximately 10% reduction in the fraction …

This paper examines whether recent advancements in automation and robotics have affected intergenerational income … mobility. Using detailed data on all individuals and firms registered in Sweden, we study whether parental exposure to robots … at the occupational level and heterogeneous adoption of robots across industries and regions influence children …

the (future) challenges of automation (creating the concept of the "MIT 2.0") and discuss the implications for developing … Asia. In particular, we analyze the impacts of automation, artificial intelligence, and digitalization on the growth …, particularly the upgrading of skills needed with the rapid advance of automation, will be key success factors for overcoming the …

period marked by the rapid adoption of industrial robots. Automation reduced relative hourly wages and employment of more … input to the EUROMOD microsimulation model, we find that automation had minor effects on income inequality. Household labour … income diversification and tax and welfare policies largely absorbed labour market shocks caused by automation. Transfers …