Showing 1 - 10 of 1,539
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014529725
This paper examines the role of human capital persistence in explaining long-term development. We exploit variation induced by a state-sponsored settlement policy that attracted a pool of immigrants with higher levels of schooling to particular regions of Brazil in the late 19th and early 20th...
Persistent link: https://www.econbiz.de/10011283193
This paper critiques the last decade of research on the effects of high-skill emigration from developing countries, and proposes six new directions for fruitful research. The study singles out a core assumption underlying much of the recent literature, calling it the Lump of Learning model of...
Persistent link: https://www.econbiz.de/10011307889
An arms race for an artificial general intelligence (AGI) would be detrimental for and even pose an existential threat to humanity if it results in an unfriendly AGI. In this paper an all-pay contest model is developed to derive implications for public policy to avoid such an outcome. It is...
Persistent link: https://www.econbiz.de/10011895813
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
We present field experimental evidence that limited information about workseekers' skills distorts both firm and … workseeker behavior. Assessing workseekers' skills, giving workseekers their assessment results, and helping them to credibly … strategies more closely with their skills. Giving assessment results only to workseekers has similar effects on beliefs and …
Persistent link: https://www.econbiz.de/10012588689
that measures that allow Venezuelans to obtain employment that matches their skills, such as facilitating the conversion of …
Persistent link: https://www.econbiz.de/10012253741
occupational skills. Combining novel data from a representative Mexican task survey with rich individual-level worker data, we find … that Mexican migrants to the United States have higher manual skills and lower cognitive skills than non …-migrants. Conditional on occupational skills, education and earnings no longer predict migration decisions. Differential labor …
Persistent link: https://www.econbiz.de/10011671012
workforce and fully benefiting from technology adoption. We show that digital technology adoption shifted the demand for skills …
Persistent link: https://www.econbiz.de/10011762224
who can signal their high level of specific skills earn seven to ten percent more than identical students lacking such a … signal. The signal allows workers to find jobs in more productive firms and sectors that better use their skills. The …
Persistent link: https://www.econbiz.de/10014342056