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pro vyhledávání: '"Michele Fornino"'
Autor:
Michele Fornino, Andrea Manera
Publikováno v:
Review of Economic Dynamics. 45:282-321
We study the economic incentives for automation when labor and machines are perfect substitutes. Labor may still be employed in production, even when it is a costlier input than robots on a productivity-adjusted basis. This occurs if firms face idios
Autor:
Andrea Manera, Michele Fornino
Publikováno v:
SSRN Electronic Journal.
We study the economic incentives for automation when labor and machines are perfect substitutes. Labor may still be employed in production, even when it is a costlier input than robots on a productivity-adjusted basis. This occurs if firms face unins
Autor:
Michele Fornino
Publikováno v:
SSRN Electronic Journal.
We analyze evidence from US states to compute the open economy relative multiplier along the lines of Nakamura and Steinsson (2014). Identification of exogenous government spending shocks is achieved by exploiting the secular tendency of some states