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Will the AI revolution cause a great divergence?
Alonso, Cristian; Berg, Andrew; Kothari, Siddharth; … - 2020
This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
Persistent link: https://www.econbiz.de/10012302048
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Automating the Price Discovery Process : Some International Comparisons and Regulatory Implications
Domowitz, Ian - 1992
process. Seven levels of automation of price discovery are identified, and 47 systems are classified according to these … criteria. Systems operating at various levels of automation are compared with respect to age, geographical location, and type … asymmetric information increases with the level of automation of price discovery. The potential for trading abuses related to …
Persistent link: https://www.econbiz.de/10014395803
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Labor market regulations in low-, middle- and high-income countries : a new panel database
Aleksynska, Mariya; Schindler, Martin - 2011
Persistent link: https://www.econbiz.de/10009424813
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Investing in public investment : an index of public investment efficiency
Dabla-Norris, Era; Brumby, Jim; Kyobe, Annette; Mills, Zac - 2011
Persistent link: https://www.econbiz.de/10009487110