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I examine racial bias in the most popular home valuation algorithm and study the algorithm's impact on racial bias in … transaction prices. I find statistically significant but economically small racial bias in the algorithm. For example, while Black … transactions by 1.1%. The algorithm inadvertently learns racial bias from patterns in historical transaction prices. The …
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We investigate heterogeneous effects of new digital technologies on the individual-level employment- and wage dynamics in the U.S. labor market in the period from 2011-2018. We employ three measures that reflect different aspects of impacts of new digital technologies on occupations. The first...
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This paper addresses the awareness about the artificial intelligence across states in the United States. We uniquely create indices of Google internet search results for general AI awareness and about ChatGPT, normalizing alternatively by internet users and land area. An understanding of the...
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We study the impact of AI on labor markets, using establishment level data on vacancies with detailed occupational information comprising the near-universe of online vacancies in the US from 2010 onwards. We classify establishments as "AI exposed" when their workers engage in tasks that are...
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