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AI, Labor, Productivity and the Need for Firm-Level Data
Seamans, Robert - 2018
We summarize existing empirical findings regarding the adoption of robotics and AI and its effects on aggregated labor and productivity, and argue for more systematic collection of the use of these technologies at the firm level. Existing empirical work primarily uses statistics aggregated by...
Persistent link: https://www.econbiz.de/10012453474
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Robots Are Us : Some Economics of Human Replacement
Benzell, Seth G. - 2015
Will smart machines replace humans like the internal combustion engine replaced horses? If so, can putting people out of work, or at least out of good work, also put the economy out of business? Our model says yes. Under the right conditions, more supply produces, over time, less demand as the...
Persistent link: https://www.econbiz.de/10012457725
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Automation and the Workforce : A Firm-Level View from the 2019 Annual Business Survey
Acemoglu, Daron; Anderson, Gary; Beede, David Nathan; … - National Bureau of Economic Research - 2022
This paper describes the adoption of automation technologies by US firms across all economic sectors by leveraging a new module introduced in the 2019 Annual Business Survey, conducted by the US Census Bureau in partnership with the National Center for Science and Engineering Statistics (NCSES)....
Persistent link: https://www.econbiz.de/10013462707
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Bayesian Persuasion with Lie Detection
Ederer, Florian; Min, Weicheng - National Bureau of Economic Research - 2022
How does lie detection constrain the potential for one person to persuade another to change her action? We consider a model of Bayesian persuasion in which the Receiver can detect lies with positive probability. We show that the Sender lies more when the lie detection probability increases. As...
Persistent link: https://www.econbiz.de/10013210093
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Preferences for Firearms and Their Implications for Regulation
Moshary, Sarah; Shapiro, Bradley; Drango, Sara - National Bureau of Economic Research - 2023
This paper estimates consumer demand for firearms with the aim of predicting the likely impacts of firearm regulations on the number and types of guns in circulation. We first conduct a stated-choice-based conjoint analysis and estimate an individual-level demand model for firearms. We validate...
Persistent link: https://www.econbiz.de/10014226131
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A Model of Influencer Economy
Cong, Lin William; Li, Siguang - National Bureau of Economic Research - 2023
attract consumers, who care about both common product quality and consumer-influencer interaction. Sellers thus compete in …
Persistent link: https://www.econbiz.de/10014287344
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Intangible Marketing Capital
Bronnenberg, Bart J.; Dubé, Jean-Pierre H.; Syverson, Chad - National Bureau of Economic Research - 2022
We present several empirical facts about trends in marketing investment in the US. We also present estimates of the private value of brands to firms and aggregate intangible brand capital stocks created by these investments. These investments include the creation and maintenance of a brand name...
Persistent link: https://www.econbiz.de/10013334364
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Competing with Robots : Firm-Level Evidence from France
Acemoglu, Daron - 2020
-level implications of robot adoption. Out of 55,390 firms in our sample, 598 have adopted robots between 2010 and 2015, but these firms … further document that the impact of robots on overall labor share is greater than their firm-level effects because robot …
Persistent link: https://www.econbiz.de/10012479262
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From Immigrants to Robots : The Changing Locus of Substitutes for Workers
Borjas, George J. - 2019
Increased use of robots has roused concern about how robots and other new technologies change the world of work. Using … numbers of robots shipped to primarily manufacturing industries as a supply shock to an industry labor market, we estimate … wages. While the growth of robots in the 1996-2016 period of our data was too modest to be a major determinant of wages and …
Persistent link: https://www.econbiz.de/10012479394
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Robots, Trade, and Luddism : A Sufficient Statistic Approach to Optimal Technology Regulation
Costinot, Arnaud - 2018
Technological change, from the advent of robots to expanded trade opportunities, tends to create winners and losers … be implemented using evidence on the distributional impact of new technologies, such as robots and trade. Our second … on robots and trade, the magnitude of these taxes may decrease as the process of automation and globalization deepens and …
Persistent link: https://www.econbiz.de/10012480754