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Artificial intelligence and high-skilled work : evidence from analysts
Grennan, Jillian; Michaely, Roni - 2020
Policymakers fear artificial intelligence (AI) will disrupt labor markets, especially for high-skilled workers. We investigate this concern using novel, task-specific data for security analysts. Exploiting variation in AI's power across stocks, we show analysts with portfolios that are more...
Persistent link: https://www.econbiz.de/10012419400
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How do workers adjust when firms adopt new technologies?
Genz, Sabrina; Gregory, Terry; Janser, Markus; Lehmer, … - 2021
’ technology adoption to administrative social security data. We then compare individual outcomes between workers employed at … technology adopters relative to non-adopters. Depending on the type of technology, we find evidence for improved employment … stability, higher wage growth, and increased cumulative earnings in response to digital technology adoption. These beneficial …
Persistent link: https://www.econbiz.de/10012623549
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How do workers adjust when firms adopt new technologies?
Genz, Sabrina; Gregory, Terry; Janser, Markus; Lehmer, … - 2021
' technology adoption to administrative social security data. We then compare individual outcomes between workers employed at … technology adopters relative to non-adopters. Depending on the type of technology, we find evidence for improved employment … stability, higher wage growth, and increased cumulative earnings in response to digital technology adoption. These beneficial …
Persistent link: https://www.econbiz.de/10012603258
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Merger Deregulation, Wages, and Inequality : Evidence from the U.S. Banking Industry
Aneja, Abhay; Krishnamurthy, Prasad - 2022
explained by increased product market competition, changes in technology, or enhanced market power …
Persistent link: https://www.econbiz.de/10013403901
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When workers' skills become unbundled : some empirical consequences for sorting and wages
Nordström Skans, Oskar; Choné, Philippe; Kramarz, Francis - 2022
This empirical paper analyzes labor market sorting across establishments using Swedish register data on cognitive and non-cognitive abilities. We draw on the theoretical foundations of Chone' and Kramarz (2021), in which workers are endowed with sets of multidimensional skills that need to be...
Persistent link: https://www.econbiz.de/10013174859
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Wages and Labor Market Slack : Making the Dual Mandate Operational
Blanchflower, David G. - 2014
In this paper we examine the impact of rises in inactivity on wages in the US economy and find evidence of a statistically significant negative effect. These nonparticipants exert additional downward pressure on wages over and above the impact of the unemployment rate itself. This pattern holds...
Persistent link: https://www.econbiz.de/10013046850
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The effect of a health and economic shock on the gender, ethnic and racial gap in labor market outcomes: evidence from COVID-19
Milovanska-Farrington, Stefani - 2021
With more than 29 million confirmed cases of Covid-19 in the U.S. and 119 million cases worldwide, the pandemic has affected companies, households and the global economy. We explore the effect of this health and economic shock on labor market outcomes, and the changes in labor market disparities...
Persistent link: https://www.econbiz.de/10012508072
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The Effect of a Health and Economic Shock on the Gender, Ethnic and Racial Gap in Labor Market Outcomes : Evidence from Covid-19
Milovanska-Farrington, Stefani - 2023
With more than 29 million confirmed cases of Covid-19 in the U.S. and 119 million cases worldwide, the pandemic has affected companies, households and the global economy. We explore the effect of this health and economic shock on labor market outcomes, and the changes in labor market disparities...
Persistent link: https://www.econbiz.de/10014260889
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Artificial intelligence and the skill premium
Bloom, David E.; Prettner, Klaus; Saadaoui, Jamel; … - 2024
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014529725
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Industrial Deregulation, Skill Upgrading, and Wage Inequality in India
Chamarbagwala, Rubiana M. - 2008
We investigate the relationship between economic deregulation (delicensing), skill upgrading, and wage inequality during the 1980s and 1990s in India. We use a unique dataset on India's industrial licensing regime to test whether industrial deregulation during the 1980s and 1990s played a role...
Persistent link: https://www.econbiz.de/10012725779