Robot tax, unemployment and endogenous fertility in an overlapping generations model

Minoru Watanabe ()
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Minoru Watanabe: Graduate School of Economics, Kobe University

No 2313, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: Increasing unemployment and declin ing fertility rate s are serious economic issues in many developed countries. This brief article constructs a simple overlapping generations model incorporating involuntary unemployment, fertility choice , and automation capital with the assumption that automat ion capital is a perfect substitute for labor inputs It is shown that ro bot tax imposed on automation capital improves employment and fertility as well as per capita income in the long run.

Pages: 12 pages
Date: 2023-08
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