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Dube, Lester, and Reich (2010) argue that state-level minimum wage variation correlated with economic shocks generates spurious evidence that higher minimum wages reduce employment. Using minimum wage variation within contiguous county pairs sharing a state border, they find no relationship...
Persistent link: https://www.econbiz.de/10015072843
EU in 2004. Undeniably, these countries have experienced a 'miracle' growth during the 2000s decade. However, several …
Persistent link: https://www.econbiz.de/10015072898
This paper examines the profound challenges that transformative advances in AI towards Artificial General Intelligence (AGI) will pose for economists and economic policymakers. I examine how the Age of AI will revolutionize the basic structure of our economies by diminishing the role of labor,...
Persistent link: https://www.econbiz.de/10015072921