Arthur Jacobs
Papers
1
Total Citations
4
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1
About
Arthur Jacobs is a leading economist whose research illuminates the complex interplay between demographic shifts, automation, and economic inequality. His work provides a crucial framework for understanding how aging populations and technological change reshape growth and labor markets. In his highly influential paper, "Demographic change, secular stagnation, and inequality: automation as a blessing?" (2024, 4 citations), Jacobs develops a quantitative theory demonstrating that firms strategically automate in response to a declining workforce. Crucially, he shows that while automation can mitigate the negative effects of aging on per capita output, it also exacerbates inequality—a finding that challenges the narrative of technology as a universal economic salve. This work, alongside his other contributions, has positioned him as a key voice in debates on secular stagnation and the future of work. Jacobs’ research is essential reading for anyone seeking to understand the policy trade-offs of our automated future.
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