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Browsing ADEMU Working Papers Series by Subject "Robots"

Browsing ADEMU Working Papers Series by Subject "Robots"

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  • Tsyvinski, Aleh; Werquin, Nicolas (2018-07)
    We generalize the classic concept of compensating variation and the welfare compensation principle to a general equilibrium environment with distortionary taxes. We derive in closed-form the solution to the problem of ...
  • Guerreiro, Joao; Rebelo, Sergio; Teles, Pedro (2018-02)
    We use a model of automation to show that with the current U.S. tax system, a fall in automation costs could lead to a massive rise in income inequality. This inequality can be reduced by raising marginal income tax rates ...

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