This paper introduces a new tool, OccCANINE, to automatically transform occupational descriptions into the HISCO classification system. The manual work involved in processing and classifying occupational descriptions is error-prone, tedious, and time-consuming. We finetune a preexisting language...

We depart from the common reaction function-based approach used to infer central bank preferences. Instead, we extract the tone from the textual information in the central bank communication using both a lexicon-based approach and a language model. We combine the tone with real-time information...

Algorithms play an increasingly important role in economic situations. These situations are often strategic, where the artificial intelligence may or may not be cooperative. We study the deter-minants and forms of algorithmic cooperation in the infinitely repeated prisoner's dilemma. We run a...

Using simulated patients to mimic nine established non-communicable and infectious diseases over 27 trials, we assess ChatGPT's effectiveness and reliability in diagnosing and treating common diseases in low- and middle-income countries. We find ChatGPT's performance varied within a single...

This paper studies the impact of Generative AI technologies on the demand for online freelancers using a large dataset from a leading global freelancing platform. We identify the types of jobs that are more affected by Generative AI and quantify the magnitude of the heterogeneous impact. Our...

Using simulated patients to mimic nine established non-communicable and infectious diseases over 27 trials, we assess ChatGPT's effectiveness and reliability in diagnosing and treating common diseases in low- and middle-income countries. We find ChatGPT's performance varied within a single...

We analyze over 44,000 economics working papers from 1980-2023 using a custom language model to construct knowledge graphs mapping economic concepts and their relationships, distinguishing between general claims and those supported by causal inference methods. The share of causal claims within...

This paper leverages generative AI to build a network structure over 5,000 product nodes, where directed edges represent input-output relationships in production. We layout a two-step 'build-prune' approach using an ensemble of prompt-tuned generative AI classifications. The 'build' step...

Angesichts rasanter technologischer Entwicklungen und einer umfassenden Digitalisierung von Gesellschaft und Arbeitswelt gewinnt lebensbegleitendes Lernen zunehmend an Bedeutung. Nichtakademische und hochschulische Bildungsangebote in Form von Distance Learning/Distance Education bieten dabei...