Project

The macroeconomics of automation: how can public policy make a success out of labour-saving technology?

Code
01D12322
Duration
01 October 2022 → 31 October 2022
Funding
Regional and community funding: Special Research Fund
Research disciplines
  • Social sciences
    • Innovation, research and development, technological change, intellectual property rights
    • Macroeconomic policy, macroeconomic aspects of public finance and general outlook
Keywords
Automation Inequality Policy evaluation Computable general equilibrium modelling Robotics Labour share
 
Project description

This research aims to explore how progress in automation technologies can radically alter the macroeconomic environment of developed countries and how public policy can best react. My approach consists of constructing, calibrating and simulating computable overlapping generations models with inequality. In this general equilibrium setting, I examine the scope for policy to improve upon a laissez faire scenario of automation.