Showing 1 - 10 of 104
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/10012929542
Over the last two decades, there has been a surge of opioid-related overdose deaths resulting in a myriad of state policy responses. Researchers have evaluated the effectiveness of such policies using a wide-range of statistical models, each of which requires multiple design choices that can...
Persistent link: https://www.econbiz.de/10012835557
Over the last two decades, there has been a surge of opioid-related overdose deaths resulting in a myriad of state policy responses. Researchers have evaluated the effectiveness of such policies using a wide-range of statistical models, each of which requires multiple design choices that can...
Persistent link: https://www.econbiz.de/10012835760
We perform a comparative analysis of machine learning methods for the canonical problem of empirical asset pricing: measuring asset risk premia. We demonstrate large economic gains to investors using machine learning forecasts, in some cases doubling the performance of leading regression-based...
Persistent link: https://www.econbiz.de/10012906301
We show that online prices can be used to construct quarterly purchasing power parities (PPPs) with a closely-matched set of goods and identical methodologies in a variety of developed and developing countries. Our results are close to those reported by the International Comparisons Program...
Persistent link: https://www.econbiz.de/10012919006
In many health domains, we are concerned that observed links - for example, between “healthy” behaviors and good outcomes - are driven by selection into behavior. This paper considers the additional factor that these selection patterns may vary over time. When a particular health behavior...
Persistent link: https://www.econbiz.de/10013224971
This chapter will cover recent research in historical economics that uses ethnographic data and data from surveys and … evidence on the question of interest. These sources of data have been particularly important for research on areas where there …
Persistent link: https://www.econbiz.de/10013292911
and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research … governance project. Each of the papers represents state-of-the-art research in an important area of corporate governance research …
Persistent link: https://www.econbiz.de/10013134144
Might the dollar eventually follow the precedent of the pound and cede its status as leading international reserve currency? Unlike ten years ago, there now exists a credible competitor: the euro. This paper econometrically estimates determinants of the shares of major currencies in the reserve...
Persistent link: https://www.econbiz.de/10013105149
Intelligently allocating research effort and funds requires deciding whether to build on recent advances or on more … established knowledge. When recent advances create superior opportunities for invention, their adoption as research inputs in the … invention process promotes technological progress. The gains from pursuing such innovative research paths may, however, be very …
Persistent link: https://www.econbiz.de/10013065176