研讨論文
Monetary Policy in the Age of Automation (Fornaro and Wolf.2022)
主講人
趙歡（中經管2023級碩士生）
論文簡介
We provide a framework in which monetary policy affects firms' automation decisions (i.e. how intensively capital and labor are used in production). This new feature has far-reaching consequences for monetary policy. Monetary expansions can increase output by inducing firms to invest and automate more, while having little impact on inflation and employment. A protracted period of weak demand might translate into less investment and de-automation, rather than into deflation and involuntary unemployment. Running the economy hot, through expansionary monetary and fiscal policies, may have a positive long run impact on labor productivity and wages. Technological advances that increase the scope for automation may give rise to persistent unemployment, unless they are accompanied by expansionary macroeconomic policies.
時間
11月9日18:30-21:30
地點
學術會堂712
主持人/點評老師
王忏 明洋
活動對象
韦德体育bevictor、金融學院學生
人數規模
30人
主辦單位
韦德体育bevictor中國經濟與管理研究院、金融學院聯合主辦
撰稿：趙歡
審稿：明洋
編輯：沈嘉怡
審核：王穎
