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by the reform significantly increased their education and experienced higher labor income. Our main result is that the …
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supply of labor encourages technological progress. In contrast, the famous Habakkuk hypothesis in economic history claims …This paper studies the conditions under which the scarcity of a factor (in particular, labor) encourages technological … that technological progress was more rapid in 19th-century United States than in Britain because of labor scarcity in the …
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We study the impact of AI on labor markets, using establishment level data on vacancies with detailed occupational … not yet having detectable aggregate labor market consequences …
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