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Prof. Benjamin Moll, Professor of Economics at the London School of Economics

Scientific Sense ®

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Is the Trend Continued?

I think we are far from some sort of self-correcting mechanism to kick in because if you look at technology hardware costs, they continue to decline. The pace at which the labor share is falling in these many advanced economies is relatively small. So, it's not like we're rapidly converging towards a zero labor share or anything like this. I want to go into another area. You say continuous time methods for map models with distributions. How are these different from what we did? Right.

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