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We review the literature on public sector outsourcing to explore if the theoretical predictions from the incomplete contracts literature hold up to recent empirical evidence. Guided by theory, we arrange services according to the type and magnitude of their contractibility problems. The...
Persistent link: https://www.econbiz.de/10012022711
We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated agents to produce a social good. Agents join teams where they allocate effort to either generate individual monetary rewards (selfish effort) or contribute to the production of...
Persistent link: https://www.econbiz.de/10012596233
, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which … labor demand, declining labor share in national income, rising inequality and lower productivity growth. The current …
Persistent link: https://www.econbiz.de/10012001438
. Overcoming these constraints will require a careful balance between data privacy and public health, and rigorous human …
Persistent link: https://www.econbiz.de/10012199140
little impact of the scheme on quality measures, which we interpret as due to the differential measurement technology. We …
Persistent link: https://www.econbiz.de/10009569285
current state of the empirical and theoretical literature in economics on the impact of AI on jobs and inequality, and …
Persistent link: https://www.econbiz.de/10011993083
Understanding how variation in weather and climate conditions impact productivity, performance and learning is of …
Persistent link: https://www.econbiz.de/10012491979
In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu … consequences of higher income inequality due to AI. Second, we model AI as providing abilities, arguing that "abilities" better … impact of AI on jobs, inequality, wages, labor productivity and long-run GDP growth are explored. …
Persistent link: https://www.econbiz.de/10012517812
demand and slow down GDP growth, even in the face of the positive technology shock that AI entails. If the elasticity of …
Persistent link: https://www.econbiz.de/10012266990
inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …
Persistent link: https://www.econbiz.de/10011951702