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This guide provides a practical introduction to parallel computing in economics. After a brief introduction to the basic ideas of parallelization, we show how to parallelize a prototypical application in economics using, on CPUs, Julia, Matlab, R, Python, C++-OpenMP, Rcpp–OpenMP, and C++-MPI,...
Persistent link: https://www.econbiz.de/10012920352
random provision of computers. The experiment does not provide evidence that computer skills have short- or medium …
Persistent link: https://www.econbiz.de/10012928315
Recent technological changes have been characterized as “routine-substituting,” reducing demand for routine tasks but increasing it for analytical and service tasks. Little is known about how these changes have impacted immigration, or task specialization between immigrants and natives. In...
Persistent link: https://www.econbiz.de/10012945606
skill upgrading in the 1970s and 1980s versus the 1960s are those with greater growth in employee computer usage, more … computer capital per worker and larger investment as a share of total investment. The results suggest that the spread of … computer technology may `explain' as much as 30-50% of the increase in the rate of growth of the relative demand for more …
Persistent link: https://www.econbiz.de/10012778847
This paper examines whether employees who use a computer at work earn a higher wage rate than otherwise similar workers … who do not use a computer at work. The analysis primarily relies on data from the Current Population Survey and the High … be correlated with both job-related computer use and earnings. The estimates suggest that workers who use computers on …
Persistent link: https://www.econbiz.de/10014106231
This paper shows how to build algorithms that use graphics processing units (GPUs) installed in most modern computers to solve dynamic equilibrium models in economics. In particular, we rely on the compute unified device architecture (CUDA) of NVIDIA GPUs. We illustrate the power of the approach...
Persistent link: https://www.econbiz.de/10013144748
We propose a text-based method for measuring and analyzing the international propagation of uncertainty shocks at the firm level. We apply this method to estimate the impact of Brexit-related uncertainty and find widespread reverberations on listed firms in 81 countries. International firms most...
Persistent link: https://www.econbiz.de/10013324715
manufacturing and services industries. We match information on computer utilization in the work place collected at the employee …In this paper, we make a first attempt to explore the relationship between computer use and productivity in French … level in the years 1987, 1991 and 1993, with information on firm productivity, capital intensity and average wage available …
Persistent link: https://www.econbiz.de/10013311634
This paper examines the output contributions of capital and labor deployed in information systems (IS) at the firm … size and significance of the excess returns to IS capital is larger. Computer capital and labor jointly contribute, or …
Persistent link: https://www.econbiz.de/10013225934
Innovation was rampant in the computer industry during the late 1960s and the 1970s. Did innovation vastly extend the … technological change. This paper argues that innovation freed computers of technical constraints to providing new services … features of a computer system as well? …
Persistent link: https://www.econbiz.de/10013226993