How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate …

We analyze the effects of automation and education on economic growth and inequality in an R&D-based growth model with … machines. The model predicts that innovation-driven growth leads to increasing automation, an increasing skill premium, an … concerns and show how automation implies involuntary low-skilled unemployment. …

We construct an endogenous growth model with automation and horizontal innovation in an economy with low- and high …-skill workers. Automation enables the replacement of low-skill workers with machines, increasing the skill premium and possibly … that automation plays a bigger role as an economy develops. Our model is consistent with a permanently increasing skill …

We analyze the effects of automation and education on economic growth and inequality in an R&D-based growth model with … machines. The model predicts that innovation-driven growth leads to increasing automation, an increasing skill premium, an … concerns and show how automation implies involuntary low-skilled unemployment …

COVID-19 has exacerbated concerns about the rise of the robots and other automation technologies. This paper analyzes …

We analyze the effects of R&D-driven automation on economic growth, education, and inequality when high-skilled workers … and that they may actually reduce education. Finally, we extend the model by fair wage concerns and show how automation …

We analyze the effects of automation and education on economic growth and inequality in an R&D-based growth model with … machines. The model predicts that innovation-driven growth leads to increasing automation, an increasing skill premium, an … concerns and show how automation implies involuntary low-skilled unemployment. …

This paper incorporates a task-based approach into a neoclassical model and analyze how automation affects economic … growth. We found that if task producers smoothly adopt automation technology along the capital accumulation path, sustained … growth is possible even without technological progress. This result is brought about by the fact that task automation makes …