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Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
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opportunities, here expressed as the unemployment rate differential for each single territory with respect to its surroundings …
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We unbox developments in artificial intelligence (AI) to estimate how exposure to these developments affect firm-level labour demand, using detailed register data from Denmark, Portugal and Sweden over two decades. Based on data on AI capabilities and occupational work content, We develop and...
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