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Artificial Intelligence

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Relative Development and the Intelligence Divide: Human Capital, Technology Diffusion, and AI

Published: September 4, 2026 00:00

Will artificial intelligence (AI) help poorer countries catch up? This paper argues that the answer depends less on access to AI than on the capacity to use new knowledge productively. We show that countries have narrowed gaps in capital and schooling more…

AI-Augmented Capital-Skill Complementarity

Published: September 4, 2026 00:00

We model artificial intelligence (AI) as a distinct capital input in a nested CES aggregate production function that extends work done by Krusell et al. (2000) and embed it in a dynamic general equilibrium economy. By bringing the model to the data, we…

Jurisdictional Capital and AI Regulation: Evidence from the EU AI Act

Published: August 28, 2026 00:00

We study how AI regulation affects firm valuation using the EU Artificial Intelligence Act, the world's first comprehensive AI framework. In an event study around the April 2021 proposal, we find firms combining deeper EU presence with faster AI hiring…

What Work Does Generative AI Do?

Published: August 25, 2026 00:00

We measure how workers use genAI for their jobs in a nationally representative survey linking genAI adoption to detailed occupations and tasks. Our data provide the first task-level genAI adoption indexes, which we show can inform analyses of genAI's labor…

Aging Economies and AI Adoption: Firm-Level Evidence from the World Bank Enterprise Surveys

Published: August 21, 2026 00:00

How do demographic trends shape the adoption of AI and automation technologies? This paper provides the first large-scale cross-country firm-level test of the demographic–automation hypothesis using World Bank Enterprise Surveys data covering 89, 380 firms…

Automation and Human Capital Investment

Published: August 20, 2026 00:00

Technological change has an ambiguous impact on labour market by creating demand for some skills and reducing demand of some others. Hence the relationship of demand for skills and the need for training is an empirical question. In this paper, I…

The interplay between AI and technological relatedness in shaping regional innovation in Europe

Published: August 20, 2026 00:00

This study examines how regional technological relatedness and local AI knowledge influence regional innovative activity, as measured by patenting activity. Using a novel three-way longitudinal dataset (670 four-digit CPC classes × 302 NUTS-2 regions ×…

LLM Meets Job Advertisements: Unmasking Skill Premia in the UK

Published: August 20, 2026 00:00

Rapid advances in technology and events such as COVID-19 have significantly transformed the modern workplace, potentially altering the skills demanded in jobs. This study examines the evolving demand and posted-wage premia for Information and Communication…