Over the past half decade, there has been an ongoing debate about how automation and the use of robots in the workplace has impacted workers’ wages and employment. Recently, economists Andrea Manera and Daron Acemoglu of the Massachusetts Institute of Technology (MIT) and Pascual Restrepo of Boston University examined whether tax policy favors certain forms of automation that puts workers at a competitive disadvantage.
In their latest report , Manera and her coauthors argue that differences in the tax treatment between labor and capital encourage firms to automate, reducing full-time employment without corresponding productivity increases. They encourage policymakers to consider […]
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