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Artificial Intelligence
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Behavioral Measures Improve AI Hiring: A Field Experiment
https://d.repec.org/n?u=RePEc:rco:dpaper:532&r=&r=ain
Published: April 29, 2025 00:00
The adoption of Artificial Intelligence (AI) for hiring processes is often impeded by a scarcity of comprehensive employee data. We hypothesize that the inclusion of behavioral measures elicited from applicants can enhance the predictive accuracy of AI in…
Power Hungry: How AI Will Drive Energy Demand
https://d.repec.org/n?u=RePEc:imf:imfwpa:2025/081&r=&r=ain
Published: April 22, 2025 00:00
The development and deployment of large language models like ChatGPT across the world requires expanding data centers that consume vast amounts of electricity. Using descriptive statistics and a multi-country computable general equilibrium model (IMF-ENV),…
The Global Impact of AI: Mind the Gap
https://d.repec.org/n?u=RePEc:imf:imfwpa:2025/076&r=&r=ain
Published: April 11, 2025 00:00
This paper examines the uneven global impact of AI, highlighting how its effects will be a function of (i) countries’ sectoral exposure to AI, (ii) their preparedness to integrate these technologies into their economies, and (iii) their access to essential…
Algorithmic collusion and the minimum price Markov game
https://d.repec.org/n?u=RePEc:cir:cirwor:2025s-07&r=&r=ain
Published: April 8, 2025 00:00
This paper introduces the Minimum Price Markov Game (MPMG), a theoretical model that reasonably approximates real-world first-price markets following the minimum price rule, such as public auctions. The goal is to provide researchers and practitioners with…
Predictive AI and productivity growth dynamics: evidence from French firms
https://d.repec.org/n?u=RePEc:ags:feemwp:355806&r=&r=ain
Published: April 7, 2025 00:00
While artificial intelligence (AI) adoption holds the potential to enhance business operations through improved forecasting and automation, its relation with average productivity growth remain highly heterogeneous across firms. This paper shifts the focus…
ChatGPT as Economics Tutor: Capabilities and Limitations
https://d.repec.org/n?u=RePEc:bri:uobdis:25/786&r=&r=ain
Published: April 2, 2025 00:00
Since the public release of ChatGPT in late 2022, the role of Generative AI chatbots in education has been widely debated. While some see their potential as automated tutors, others worry that inaccuracies and hallucinations could harm student learning.…
Artificial Intelligence and Corporate Investment Efficiency: Evidence from Chinese Listed Companies
https://d.repec.org/n?u=RePEc:cbt:econwp:25/05&r=&r=ain
Published: April 1, 2025 00:00
This study examines the impact of artificial intelligence (AI) on corporate investment efficiency. Our analysis of recruitment data from Chinese listed companies reveals a positive correlation between AI and investment efficiency, primarily driven by a…
A New Approach to Textual Analysis using Large Language Models: Application to the Analysis of Recent Wage and Price Developments in Japan
https://d.repec.org/n?u=RePEc:boj:bojrev:rev25e05&r=&r=ain
Published: March 24, 2025 00:00
This paper examines whether textual data analysis using Large Language Models (LLMs) can be applied to assessing economic activity and prices in light of the rapid development of LLMs in recent years. LLMs have advantages in that there are a wide range of…