研讨论文

Uneven Growth: Automation’s Impact on Income and Wealth Inequality (Econometrica. Moll et al. 2022)

主讲人

陈健英（中经管2023级博士生）

上期回顾

In the previous session, we presented the theoretical framework of this paper, introducing a dissipation shock into the conventional household function and discussing five different settings of the dissipation shock. We derived the equilibrium and the expressions for the policy functions. By solving the aggregate function, we obtained the supply and demand curves for capital and established Proposition 1 of this paper: as the degree of automation deepens, the return to wealth is an increasing function of the share of capital.

本期预告

We will continue to derive the impact of automation on wages. By decomposing the Solow residual, we find that an increase in the degree of automation reduces wage income. Under the assumption that wealth and income distributions follow a Pareto distribution, we solve for the wealth and income distribution functions and conclude that as the degree of automation increases, wealth distribution becomes more unequal. Furthermore, after extending the model, we obtain additional conclusions.

时间

3月6日15:30-17:00

地点

学术会堂712

主持人/点评老师

王忏 明洋

活动对象

创新发展学院、金融学院学生

人数规模

30人

主办单位

创新发展学院中国经济与管理研究院，金融学院联合主办

撰稿：陈健英

审稿：明洋

编辑：沈嘉怡

审核：王颖