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We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated employer-employee data from the U.S. Census Bureau's Longitudinal Employer-Household Dynamics Program infrastructure files spanning two Economic Censuses (1992 and 1997). We...
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Timely and accurate measurement of AI use by firms is both challenging and crucial for understanding the impacts of AI on the U.S. economy. We provide new, real-time estimates of current and expected future use of AI for business purposes based on the Business Trends and Outlook Survey for...
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We examine whether underlying industry innovation dynamics are an important driver of the large dispersion in … productivity across firms within narrowly defined sectors. Our hypothesis is that periods of rapid innovation are accompanied by …
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Innovation in the U.S. economy is about employing and rewarding highly talented workers to produce new products. Using … innovation, or high variance payoffs, are more likely to attract and pay for star workers. Thus, firms in high variance product …
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