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We show that the news is a rich source of data on distressed firm links that drive firm- level and aggregate risks. The news tends to report about links in which a less popular firm is distressed and may contaminate a more popular firm. This constitutes a contagion channel that yields...
Persistent link: https://www.econbiz.de/10012162712
This paper introduces the OECD Weekly Tracker of economic activity for 46 OECD and G20 countries using Google Trends search data. The Tracker performs well in pseudo-real time simulations including around the COVID-19 crisis. The underlying model adds to the previous Google Trends literature in...
Persistent link: https://www.econbiz.de/10012420946
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Official Development Assistance amounted USD 146.6 billions in 2017 but do we know how much of this aid contributed to the Sustainable Development Goals (SDGs)? And to what SDG in particular? This paper present a new methodology using machine learning designed to link project-based flows to the...
Persistent link: https://www.econbiz.de/10011992077
share in total income. There are concerns that with artificial intelligence (AI) "this time may be different". The state … characteristics of rival robots are not comparable with non-rival and scalable AI algorithms that may constitute a general purpose … different. However, there is as yet very little empirical evidence that relates AI or Machine Learning (ML) to employment and …
Persistent link: https://www.econbiz.de/10012030248
In this paper we develop a framework for analysing the impact of AI on occupations. Leaving aside the debates on … robotisation, digitalisation and online platforms as well as workplace automation, we focus on the occupational impact of AI that … 328 AI benchmarks used to evaluate progress in AI techniques. The use of these cognitive abilities as an intermediate …
Persistent link: https://www.econbiz.de/10012241759
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This report contains an overview of the relevant economic research literature on the digital transformation of news markets and the impact on the quality of news. It compares various definitions of fake news, including false news and other types of disinformation and finds that there is no...
Persistent link: https://www.econbiz.de/10011980980
age. It identifies common trends and differences in national digital, smart industry and artificial intelligence (AI … knowledge intermediaries. Third, support for research and innovation in key digital technologies, particularly AI (e.g. by …
Persistent link: https://www.econbiz.de/10012061233