
Automation and Its Macroeconomic Consequences
Theory, Evidence, and Social Impacts
Resources
Description
Key Features
- Introduces formal growth models that include automation and the empirical specifications on which the data-driven results rely
- Focuses on formal modeling, empirical analysis and derivation of evidence-based policy conclusions
- Considers consequences of automation, such as spatial patterns, urbanization and regional concerns
Readership
Upper-division undergraduates, graduate students, researchers, and professionals working in labor economics, development economics, and industrial innovation
Table of Contents
- Introduction
- The stylized facts
- Empirical evidence on the economic effects of automation
- A simple macroeconomic framework for analyzing automation
- Endogenous savings and extensions of the baseline model
- Automation as a potential response to the challenges of demographic change
- Policy challenges
- Peering into the future: long-run economic and social consequences of automation; with an epilogue on COVID-19
Product details
- No. of pages: 248
- Language: English
- Copyright: © Academic Press 2020
- Published: June 17, 2020
- Imprint: Academic Press
- Paperback ISBN: 9780128180280
- eBook ISBN: 9780128180297
About the Authors
Klaus Prettner
Affiliations and Expertise
David Bloom
Affiliations and Expertise
Ratings and Reviews
Latest reviews
(Total rating for all reviews)
Vadim Wed Mar 17 2021
Written with love to humans and with respect to robots!
This is an excellent book summarizing the recent contributions in economic literature on the macroeconomic implications of automation with a detailed analysis of the advantages and challenges related to it. I would highly recommend this book for graduate and post graduate courses - even for those outside of academia it offers exceptional and vivid insights on automation and it's role in the long-run economic and social development.