ML-QuantSubscribe

RePEcMacro-Finance & Rates

It Matters Who Gets Automated: Monetary Policy in an AI Economy

A model shows monetary policy amplifies more when AI automates some workers but not others, because shielded workers' higher wages generate additional demand.

Read the paper PDF
View as MarkdownOpen in ClaudeOpen in ChatGPTOpen in PerplexitySite index for AI (llms.txt)

Featured in No. 137 on 30 Oct 2026 · 4 days after release

Stacked bar charts decomposing consumption response by income source for non-AI and AI economies
Figure 6: Decomposition of the consumption response, in percent of each economy’s steady-state consumption. Each bar feeds one equilibrium price path through the house- hold Jacobians holding the others at steady state; the labor-income term is split by sector. “Taxes” is the rebate implied by the…
Released
26 Oct 2026
First featured
No. 137 · 30 Oct 2026
Published in
Not yet, as far as Semantic Scholar knows
Fanfare
3 of 5
Identifier
RePEc:diw:diwwpp:dp2184
Authors
Alina Ermolaeva and Hannah Magdalena Seidl

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

    Type to search. Try rough volatility, LLM agents or FinGPT.

    ↑↓ move↵ openesc closeFull search page