How Long to Read For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation

How Long Does it Take to Read For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation?

It takes the average reader and 44 minutes to read For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation by Mr. Andrew Berg

Assuming a reading speed of 250 words per minute. Learn more

Description

Many studies predict massive job losses and real wage decline as a result of the ongoing widespread automation of production, a trend that may be further aggravated by the COVID-19 crisis. Yet automation is also expected to raise productivity and output. How can we share the gains from automation more widely, for the benefit of all? And what are the attendant equity-efficiency trade-offs? We analyze this issue by considering the effects of fiscal policies that seek to redistribute the gains from automation and address income inequality. We use a dynamic general equilibrium model with monopolistic competition, including a novel specification linking corporate power to automation. While fiscal policy cannot eliminate the classic equity-efficiency trade-offs, it can help improve them, reducing inequality at small or no loss of output. This is particularly so when policy takes advantage of novel, less distortive transmission channels of fiscal policy created by the empirically observed link between corporate market power and automation.

How long is For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation?

For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation by Mr. Andrew Berg is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation aloud.

What Reading Level is For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation?

For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation?

For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation by Mr. Andrew Berg is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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