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J23

4 papers tracked 0 forthcoming
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Published Quarterly Journal of Economics Online 30 Jan 2026 Published Apr 2026
Automation and Rent Dissipation

Daron Acemoglu · Pascual Restrepo

Acemoglu and Restrepo examine the effects of automation in economies where labor market distortions cause some workers to earn rents—wages above their opportunity cost or outside option. The central …