Recent advancements in natural language AI, such as ChatGPT, have shown remarkable performance in sophisticated tasks, indicating potential widespread implications for the labor market. This study examined the performance of ChatGPT and other AI models on the PAIMT, an intelligence test applied...

This paper examines ChatGPT, a natural language processing artificial intelligence (AI) chatbot that has become popular for its human-like text generation and high-level performance on various sophisticated tasks, and its potential impacts on society and individuals. First, there is an overview...

We study a model of endogenous growth where firms invest both in product and process innovations. Product innovations (that open up completely new product lines) satisfy the advanced wants of the rich. Subsequent process innovations (that decrease costs per unit of quality) transform the...

Mankiw, Romer and Weil (1992) have extended the Solow (1956) model by augmenting the production function with human capital. Its empirical success is impressive and it showed a procedure to improve the explanatory power of the neoclassical growth model. This paper suggests an empirical procedure...

We study a model of endogenous growth where firms invest both in product and process innovations. Product innovations (that open up completely new product lines) satisfy the advanced wants of the rich. Subsequent process innovations (that decrease costs per unit of quality) transform the...

We study a model of endogenous growth where firms invest both in product and process innovations. Product innovations (that open up completely new product lines) satisfy the advanced wants of the rich. Subsequent process innovations (that decrease costs per unit of quality) transform the...

In this paper, we analyze how skilled migration contributes to TFP growth in the sending countries when diaspora effects in technology diffusion are introduced. To investigate this issue, we start from a previous paper by Vandenbussche, Aghion and Meghir (2006), who examine the contribution of...

The aim of this paper is to highlight the positive and important role that skilled migration can have on TFP growth in the sendind countries, when diaspora effects in technology diffusion are introduced. To investigate our issue, we start from a previous paper by Vandenbussche, Aghion and Costa...

Ukraine is faced by a devastating problem of economically active population emigration, which has reduced the labor force in the country by 5-8% in the last two years and demonstrated a negative impact on the potential Gross Domestic Product (GDP). Despite this, Ukraine is one of the leading...

Conceptual aspects of human capital are examined in the light of intangible assets. Their growing importance in the contemporary conditions of development are outlined. A comparative characteristic and assessment of human capital, its formation and utilization in Bulgaria is made with the help...