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Automating Automaticity : How the Context of Human Choice Affects the Extent of Algorithmic Bias
Agan, Amanda Y.; Davenport, Diag; Ludwig, Jens; … - National Bureau of Economic Research - 2023
Consumer choices are increasingly mediated by algorithms, which use data on those past choices to infer consumer preferences and then curate future choice sets. Behavioral economics suggests one reason these algorithms so often fail: choices can systematically deviate from preferences. For...
Persistent link: https://www.econbiz.de/10014226178
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Unpacking Social Capital
Durante, Ruben; Mastrorocco, Nicola; Minale, Luigi; … - National Bureau of Economic Research - 2023
We use novel and unique survey data from Italy to shed light on key questions regarding the measurement of social capital and the use of social capital indicators for empirical work. Our data cover a sample of over 600,000 respondents interviewed between 2000 and 2015. We identify four distinct...
Persistent link: https://www.econbiz.de/10014248001
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We Can Work It Out - The Globalisation of ICT-enabled Services
van Welsum, Desiree - 2006
This paper examines the relationship between the share of employment potentially affected by offshoring and economic and structural factors, including trade in business services and foreign direct investment (FDI), using simple descriptive regressions for a panel of OECD economies between 1996...
Persistent link: https://www.econbiz.de/10012465860
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The IT Revolution and the Globalization of R&D
Branstetter, Lee G. - 2018
markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software … three important phenomena: (1) the globalization of R&D, (2) the growing importance of software and IT to firm innovation … large quantities of STEM workers who possessed IT and software skills. Our findings support the view that the globalization …
Persistent link: https://www.econbiz.de/10012453013
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Political Limits to Globalization
Acemoglu, Daron - 2010
Despite the major advances in information technology that have shaped the recent wave of globalization, openness to … suggests that a particular threat and a limiting factor to globalization and its future developments may be militarist …
Persistent link: https://www.econbiz.de/10012462958
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The Information Technology Revolution and the Stock Market : Evidence
Hobijn, Bart - 2000
Since 1968, the ratio of stock market capitalization to GDP has varied by a factor of 5. In 1972, the ratio stood at above unity, but by 1974, it had fallen to 0.45 where it stayed for the next decade. It then began a steady climb, and today it stands above 2. We argue that the IT revolution was...
Persistent link: https://www.econbiz.de/10012471077
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Wage and Productivity Dispersion in U.S. Manufacturing : The Role of Computer Investment
Dunne, Timothy - 2000
By exploiting establishment-level data, this paper sheds new light on the source of the changes in the structure of production, wages, and employment that have occurred over the last several decades. Based on theoretical work by Caselli (1999) and Kremer and Maskin (1996), we focus on...
Persistent link: https://www.econbiz.de/10012471311
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Product Differentiation and the Use of Information Technology : New Evidence from the Trucking Industry
Chakraborty, Atreya - 1999
Since the mid-1980s many authors have investigated the influence of information technology (IT) on productivity. Until recently there has been no clear evidence that productivity increases as a result of IT spending. This productivity paradox is partly due to the difficulty in correctly...
Persistent link: https://www.econbiz.de/10012471567
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Information Technology, Workplace Organization and the Demand for Skilled Labor : Firm-Level Evidence
Bresnahan, Timothy F. - 1999
Recently, the relative demand for skilled labor has increased dramatically. We investigate one of the causes, skill-biased technical change. Advances in information technology (IT) are among the most powerful forces bearing on the economy. Employers who use IT often make complementary...
Persistent link: https://www.econbiz.de/10012471658
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Could Machine Learning be a General Purpose Technology? A Comparison of Emerging Technologies Using Data from Online Job Postings
Goldfarb, Avi; Taska, Bledi; Teodoridis, Florenta - National Bureau of Economic Research - 2022
General purpose technologies (GPTs) push out the production possibility frontier and are of strategic importance to managers and policymakers. While theoretical models that explain the characteristics, benefits, and approaches to create and capture value from GPTs have advanced significantly,...
Persistent link: https://www.econbiz.de/10012938736