We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While … automation implies constant returns to capital within this model class (even in the absence of technological progress), we show … that it does not have the potential to lead to positive long-growth. The reason is that automation suppresses wages, which …

contribution of automation to the task content and skills complexity of the jobs of incumbent workers. Despite the recent focus on … the polarising impact of automation and associated reskilling needs of lower-skilled individuals, our evidence also draws …

a sample of advanced economies. Institutions explain a substantial proportion of cross-country variation in automation … vulnerable to holdup. This suggests that automation is used by producers as a tool to thwart rent appropriation by labor. …