The macroeconomics of automation: Data, theory, and policy analysis

Abstract: Progress in industrial robotics and information technologies has meant that advanced economies have experienced a significant drop in the fraction of the population employed in middle wage, “routine task-intensive”occupations. Applying machine learning techniques, we identify the types of individuals who would otherwise be employed in such occupations, if not for advances in automation technology, … Continue reading The macroeconomics of automation: Data, theory, and policy analysis