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Artificial intelligence (“AI”)-enabled products are expected to drive economic growth. Training data are important for firms developing AI-enabled products; without training data, firms cannot develop or refine their algorithms. This is particularly the case for AI startups developing new...
Persistent link: https://www.econbiz.de/10013217411
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
Owing to past structural reforms, Costa Rica has enjoyed robust GDP growth and productivity levels are gradually converging towards the OECD average. However, large GDP per capita and productivity gaps persist. In addition, not everyone has benefited from this growth. Inequality has increased...
Persistent link: https://www.econbiz.de/10011914254
in the attainment of lower middle-income status. However, employment response to growth has been weak. Additionally … employment generating sectors of mining and oil extraction. Fixing the problem of the missing middle of dwindling manufacturing …
Persistent link: https://www.econbiz.de/10011413477
This paper empirically examines the impact of labour market counter-reforms on real GDP per capita and employment … employment protection legislation (EPL), which we further split into counter-reforms for regular and temporary workers, and …
Persistent link: https://www.econbiz.de/10014578524
Since the industrial revolution, technological innovations have enabled rise in productivity, employment, standard of … may reduce a drop in employment and enhanc e the welfare of citizens, lies in additional reduction of the working hours. I … lead to a decrease in the labour force. In that case, full employment will be attained even with th e decline in the number …
Persistent link: https://www.econbiz.de/10012522848
growth and employment, and an overlook on the impacts of different policy measures on companies. The role of large companies … employment, especially among young and small companies. Impacts on the productivity are, however, uncertain. Cooperation of …
Persistent link: https://www.econbiz.de/10012037699
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …, recent studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of …
Persistent link: https://www.econbiz.de/10010276297
Persistent link: https://www.econbiz.de/10011695744
of fully funded pensions increasesaggregate employment... …
Persistent link: https://www.econbiz.de/10005868936