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It is a triumph of technology and of economics that our computer chips are so universal. Countless applications are only possible because of the staggering variety of calculations that modern chips can compute. But, this was not always the case. Computers used to be specialized, doing only...
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productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
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productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …
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