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Capital-augmenting technical change in the context of untapped automation opportunities

Jacobs, Arthur - 2022

Persistent link: https://www.econbiz.de/10013333076

Capitalist-worker wealth distribution in a task-based model of automation

Jacobs, Arthur - 2023

Persistent link: https://www.econbiz.de/10014229474

Automation with heterogeneous agents : the effect on consumption inequality

Santini, Tommaso - Leibniz-Institut für Wirtschaftsforschung Halle - 2022 - This version: November 3, 2022

In this paper, I study technological change as a candidate for the observed increase in consumption inequality in the United States. I build an incomplete market model with educational choice combined with a task-based model on the production side. I consider two channels through which...

Persistent link: https://www.econbiz.de/10013460248

Automation, growth, and factor shares in the era of population aging

Irmen, Andreas - 2021

processes? The present paper addresses this question in a new macroeconomic model of automation where competitive firms perform … and substitute for labor in the performance of tasks. Automation is labor-augmenting in the reduced-form aggregate … though the aggregate production function is Cobb-Douglas. Population aging due to a higher longevity reduces automation in …

Persistent link: https://www.econbiz.de/10012597831