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Artificial intelligence and jobs : evidence from US commuting zones

Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2023

the wage distribution. These results are consistent with the view that AI has contributed to the automation of jobs and to …

Persistent link: https://www.econbiz.de/10014383286

The rise of generative AI : modelling exposure, substitution, and inequality effects on the US labour market

Auer, Raphael A.; Köpfer, David; Švéda, Josef - 2024

How exposed is the labour market to ever-advancing AI capabilities, to what extent does this substitute human labour, and how will it affect inequality? We address these questions in a simulation of 711 US occupations classified by the importance and level of cognitive skills. We base our...

Persistent link: https://www.econbiz.de/10015077845

Who benefits from AI? : project-level evidence on labor demand, operations and profitability

Yilmaz, Erdem Dogukan; Peukert, Christian - 2024

We examine how the adoption of digital automation technology affects labor demand, operations and profitability in the … context of the logistics industry. Our data covers 9,300 digital automation projects in a multinational company involving … labor cost increased after the adoption of digital automation technology, attributable to increased labor demand and more …

Persistent link: https://www.econbiz.de/10015057718

Robots, tools, and jobs : evidence from Brazilian labor markets

Souza, Gustavo de; Li, Haishi - 2023

What is the effect of robots and tools on employment and inequality? Using natural language processing and an instrumental variable approach, we discover that robots have led to a sizable decrease in the employment and wages of low-skill workers in operational occupations. However, tools -...

Persistent link: https://www.econbiz.de/10014443829

The economics of attention

Loewenstein, George; Wojtowicz, Zachary - 2023

Attention is a pivotal resource in the modern economy and plays an increasingly prominent role in economic analysis. We summarize research on attention from both psychology and economics, placing a particular emphasis on its capacity to explain numerous documented violations of classical...

Persistent link: https://www.econbiz.de/10014383940

Round-number effects in real estate prices : evidence from Germany

Englmaier, Florian; Roider, Andreas; Schlereth, Lars; … - 2023

Round numbers affect behavior in various domains, e.g., as prominent thresholds or focal points in bargaining. In line with earlier findings, residential real estate transactions in Germany cluster at round-number prices, but there are also interesting (presumably cultural) differences. We...

Persistent link: https://www.econbiz.de/10014426542

Should we care (more) about data aggregation? : evidence from the democracy-growth-nexus

Gründler, Klaus; Krieger, Tommy - 2019

We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices. We observe that most of the available aggregation techniques produce indices that are often too favorable for autocratic regimes and too unfavorable for democratic regimes....

Persistent link: https://www.econbiz.de/10011966711

Does scientific progress affect culture? : a digital text analysis

Giorcelli, Michela; Lacetera, Nicola; Marinoni, Astrid - 2019

We study the interplay between scientific progress and culture through text analysis on a corpus of about eight million books, with the use of techniques and algorithms from machine learning. We focus on a specific scientific breakthrough, the theory of evolution through natural selection by...

Persistent link: https://www.econbiz.de/10011966910

Early detection of students at risk : predicting student dropouts using administrative student data and machine learning methods

Berens, Johannes; Schneider, Kerstin; Görtz, Simon; … - 2018

To successfully reduce student attrition, it is imperative to understand what the underlying determinants of attrition are and which students are at risk of dropping out. We develop an early detection system (EDS) using administrative student data from a state and a private university to predict...

Persistent link: https://www.econbiz.de/10011906290

Compliance effects of risk-based tax audits

Løyland, Knut; Raaum, Oddbjørn; Torsvik, Gaute; … - 2019

Tax administrations use machine learning to predict risk scores as a basis for selecting individual taxpayers for audit. Audits detect noncompliance immediately, but may also alter future filing behavior. This analysis is the first to estimate compliance effects of audits among high-risk wage...

Persistent link: https://www.econbiz.de/10012001649