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Artificial Intelligence and the Labor Market

Hampole, Menaka; Papanikolaou, Dimitris; Schmidt, Lawrence - National Bureau of Economic Research - 2025

technologies over the 2010 to 2023 period that vary across firms and time. Using a theoretical framework that allows for a labor … technologies; second, holding the average exposure constant, labor demand increases in the dispersion of task exposures to AI, as …

Persistent link: https://www.econbiz.de/10015326502

Fund Flows and Income Risk of Fund Managers

Cen, Xiao; Dou, Winston Wei; Kogan, Leonid; Wu, Wei - National Bureau of Economic Research - 2023

Investment fund managers make asset allocation decisions on behalf of a significant segment of US households. To elucidate the incentives they operate under, as well as the income and career risks they face, we construct a unique and novel dataset, which encompasses detailed information on the...

Persistent link: https://www.econbiz.de/10014447307

Task Mismatch and Salary Penalties : Evidence from the Biomedical PhD Labor Market

Diethorn, Holden A.; Marschke, Gerald - National Bureau of Economic Research - 2023

We use the labor market for doctorates in the biomedical sciences, where career dislocation is common, as a case study of skill-task mismatch and its consequences. Using longitudinal, worker-level data on biomedical doctorates, we investigate mismatch as an explanation for the negative pecuniary...

Persistent link: https://www.econbiz.de/10014226116

Large Language Models, Small Labor Market Effects

Humlum, Anders; Vestergaard, Emilie - National Bureau of Economic Research - 2025

We examine the labor market effects of AI chatbots using two large-scale adoption surveys (late 2023 and 2024) covering 11 exposed occupations (25,000 workers, 7,000 workplaces), linked to matched employer-employee data in Denmark. AI chatbots are now widespread--most employers encourage their...

Persistent link: https://www.econbiz.de/10015409808

Obsolescence Rents : Teamsters, Truckers, and Impending Innovations

Cavounidis, Costas; Chai, Qingyuan; Lang, Kevin; … - National Bureau of Economic Research - 2023

', and teamster wages rose, as predicted by the model …

Persistent link: https://www.econbiz.de/10014372500

Automation and Polarization

Acemoglu, Daron; Löbbing, Jonas - National Bureau of Economic Research - 2022

advantage in the most complex tasks relative to capital, and because the wages of the least skilled workers are sufficiently low … relative to their productivity and the effective cost of capital in low-complexity tasks. Minimum wages and other sources of … higher wages at the bottom make interior automation less likely. Starting with interior automation, a reduction in the cost …

Persistent link: https://www.econbiz.de/10013388884

New Technologies and Jobs in Europe

Albanesi, Stefania; Silva, António Dias da; Jimeno, Juan F. - National Bureau of Economic Research - 2023

We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and … protection laws. In contrast to the findings for employment, we find little evidence for a relationship between wages and … potential exposures to new technologies …

Persistent link: https://www.econbiz.de/10014322745

Tasks At Work : Comparative Advantage, Technology and Labor Demand

Acemoglu, Daron; Kong, Fredric; Restrepo, Pascual - National Bureau of Economic Research - 2024

This chapter reviews recent advances in the task model and shows how this framework can be put to work to understand the major labor market trends of the last several decades. Production in each industry necessitates the completion of a range of tasks, which can be allocated to workers of...

Persistent link: https://www.econbiz.de/10015056199

Automation and Rent Dissipation : Implications for Wages, Inequality, and Productivity

Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2024

This paper studies the effects of automation in economies with labor market distortions that generate worker rents--wages …

Persistent link: https://www.econbiz.de/10014576564

The Power of Proximity to Coworkers : Training for Tomorrow or Productivity Today?

Emanuel, Natalia; Harrington, Emma; Pallais, Amanda - National Bureau of Economic Research - 2023

Amidst the rise of remote work, we ask: what are the effects of proximity to coworkers? We find being near coworkers has tradeoffs: proximity increases long-run human capital development at the expense of short-term output. We study software engineers at a Fortune 500 firm, whose main campus has...

Persistent link: https://www.econbiz.de/10014437011