There is a long-standing economic research literature on the impact of technological innovation and automation in general on employment and economic growth. Traditional economic models trade off a negative displacement or substitution effect against a positive complementarity effect on...

In this paper we develop a framework for analysing the impact of AI on occupations. Leaving aside the debates on robotisation, digitalisation and online platforms as well as workplace automation, we focus on the occupational impact of AI that is driven by rapid progress in machine learning. In...

The digital transition of the economy is widely expected to change the nature of work. This may happen both through creating new digital job profiles, and by digitising existing jobs. As these changes unfold, new digital skills may be needed at the workplace. We track the trends in demand for...

We investigate three alternative but complementary indicators of market power on one of the largest online labour markets (OLMs) in Europe: (1) the elasticity of labour demand, (2) the elasticity of labour supply, and (3) the concentration of market shares. We explore how these indicators relate...

Accurate, real-time measurements of price index changes using electronic records are essential for tracking inflation and productivity in today's economic environment. We develop empirical hedonic models that can process large amounts of unstructured product data (text, images, prices,...

There is a long-standing economic research literature on the impact of technological innovation and automation in general on employment and economic growth. Traditional economic models trade off a negative displacement or substitution effect against a positive complementarity effect on...

In this paper we develop a framework for analysing the impact of AI on occupations. Leaving aside the debates on robotisation, digitalisation and online platforms as well as workplace automation, we focus on the occupational impact of AI that is driven by rapid progress in machine learning. In...

We investigate three alternative but complementary indicators of market power on one of the largest online labour markets (OLMs) in Europe: (1) the elasticity of labour demand, (2) the elasticity of labour supply, and (3) the concentration of market shares. We explore how these indicators relate...

We investigate three alternative but complementary indicators of market power on one of the largest online labour markets (OLMs) in Europe: (1) the elasticity of labour demand, (2) the elasticity of labour supply, and (3) the concentration of market shares. We explore how these indicators relate...

The digital transition of the economy is widely expected to change the nature of work. This may happen both through creating new digital job profiles, and by digitising existing jobs. As these changes unfold, new digital skills may be needed at the workplace. We track the trends in demand for...