Inefficient Automation (original) (raw)

We thank Daron Acemoglu, George-Marios Angeletos, Adrien Bilal, Ricardo Caballero, Diego Comin, Arnaud Costinot, Mariacristina De Nardi, John Grigsby, Jonathon Hazell, Roozbeh Hosseini, Anders Humlum, Chad Jones, Narayana Kocherlakota, Pablo Kurlat, Monica Morlacco, Giuseppe Moscarini, Jeremy Pearce, Elisa Rubbo, Katja Seim, Aleh Tsyvinski, Gustavo Ventura, Jesús Fernández-Villaverde, Conor Walsh, Iván Werning and Christian Wolf for helpful discussions. All errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.