Automation and Its Macroeconomic Consequences

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Automation and Its Macroeconomic Consequences,

Edition 1 Theory, Evidence, and Social Impacts

Editors: By Klaus Prettner and David E. Bloom

Publication Date: 17 Jun 2020

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Automation and Its Macroeconomic Consequences reveals new ways to understand the economic characteristics of our increasing dependence on machines. Illuminating technical and social elements, it describes economic policies that could counteract negative income distribution consequences of automation without hampering the adoption of new technologies. Arguing that modern automation cannot be compared to the Industrial Revolution, it considers consequences of automation such as spatial patterns, urbanization, and regional concerns. In touching upon labor, growth, demographic, and policy, Automation and its Macroeconomic Consequences stands at the intersection of technology and economics, offering a comprehensive portrait illustrated by empirical observations and examples.

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

About the author

By Klaus Prettner, Professor of Economics, University of Hohenheim, Stuttgart, Germany and David E. Bloom, Harvard T.H. Chan School of Public Health, Boston, MA, USA

ISBN: 9780128180280

Page Count: 248

Retail Price :

9780123744487; 9780128125878; 9780128041062

Upper-division undergraduates, graduate students, researchers, and professionals working in labor economics, development economics, and industrial innovation

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