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Artificial Intelligence

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Artificial Intelligence and Technological Unemployment

Published: February 23, 2026 00:00

How large are the effects of artificial intelligence (AI) on labor productivity and unemployment? We develop a labor-search model of technological unemployment where AI learns from workers, raises productivity, and displaces them if renegotiation fails.…

ChatMacro: Evaluating Inflation Forecasts of Generative AI

Published: February 5, 2026 00:00

Recent research suggests that generic large language models (LLMs) can match the accuracy of traditional methods when forecasting macroeconomic variables in pseudo out-of-sample settings generated via prompts. This paper assesses the out-of-sample…

Workers’ Exposure to Artificial Intelligence Across Development Stages

Published: January 30, 2026 00:00

This paper develops a task-adjusted, country-specific measure of workers’ exposure to artificial intelligence (AI) across 108 countries. Building on Felten et al. (2021), we adapt the artificial intelligence occupational exposure (AIOE) index to…

AI Has Not Impacted the Youth Labor Market in Finland

Published: January 27, 2026 00:00

Abstract We examine the impact of generative AI on the youth labor market in Finland by replicating the key analyses of Brynjolfsson et al. (2025) with comprehensive population-level data. Contrary to the US findings, we find no systematic displacement…

Financing the AI boom: from cash flows to debt

Published: January 7, 2026 00:00

Investment related to artificial intelligence (AI) is surging – both in nominal amounts and as a share of GDP – and currently accounts for a substantial share of economic growth. The size of anticipated investment needs will require firms to shift the…