 |
| |
EINLADUNG
WIFO-Extern zum Thema „Innovation, Automation, and Inequality: Policy Challenges in the Race against the Machine"
|
| |
Sehr geehrte Damen und Herren,
das WIFO lädt Sie herzlich zum nächsten Termin der Vortragsreihe WIFO-Extern ein:
Freitag, 12. Juli 2019, 13:15 Uhr
WIFO, Kleiner Sitzungssaal
Klaus Prettner (University of Hohenheim)
„Innovation, Automation, and Inequality: Policy Challenges in the Race against the Machine"
(Vortrag auf Deutsch)
Kommentar: Julia Bock-Schappelwein (WIFO)
Abstract:
We analyze the effects of R&D-driven automation on economic growth, education, and inequality when high-skilled workers are complements to machines and low-skilled workers are substitutes for machines. The model predicts that innovation-driven growth leads to an increasing population share of college graduates, increasing income and wealth inequality, and a declining labor share. We use the model to analyze the effects of redistribution. We show that it is difficult to improve income of low-skilled individuals as long as both technology and education are endogenous. This is true irrespective of whether redistribution is financed by progressive wage taxation or by a robot tax. Only when higher education is stationary, redistribution unambiguously benefits the poor. We show that education subsidies affect the economy differently depending on their mode of funding and that they may actually reduce education. Finally, we extend the model by fair wage concerns and show how automation could induce involuntary low-skilled unemployment.
Bei Interesse am Besuch dieses Vortrages schicken Sie bitte (bis einen Tag vor der Veranstaltung) eine formlose Anmeldung an veranstaltungen@wifo.ac.at, um uns die Abschätzung des Raumbedarfs zu erleichtern.
Um diesen Vortrag in Ihren Kalender zu importieren, klicken Sie bitte hier.
Wir würden uns freuen, Sie zu diesem Vortrag am WIFO begrüßen zu dürfen!
_____________________________________________
Agnes Kügler
WIFO – Österreichisches Institut für Wirtschaftsforschung
Arsenal, Objekt 20
1030 Wien
Tel.: +43 (1) 798 26 01-238
Fax: +43 (1) 798 93 86
Web: https://www.wifo.ac.at
E-Mail: agnes.kuegler@wifo.ac.at |
| |
|
|
