Showing posts with label Uncategorized. Show all posts
Wednesday, July 23, 2025
From a paper by Justina Joseph Jeyaraj, Shyue Chuan Chong, Mui Yin Chin, Lee Peng Foo:
“Youth unemployment remains a persistent global challenge, clouded by the uncertainties surrounding the expanding digital and gig economies. As governments now turn their attention to regulating the gig economy, the potential impact on youth unemployment is unclear. This study seeks to address this gap by investigating the optimal level of labour regulation that can harness the gig economy’s potential to alleviate youth unemployment, among countries from different geographical locations. Drawing from panel data from 79 countries between 2017 to 2021, the threshold of labour regulation that would mitigate youth unemployment was estimated using the Dynamic Panel Threshold Model (DPTM). The findings reveal that the gig economy’s benefits are maximised when countries achieve a specific threshold of labour regulation—53.5596 on a 100-point scale. This suggests that regulations should not be too stringent, as this can stifle job creation and limit opportunities for youth, leading to higher unemployment. Conversely, overly lenient regulations can lead to exploitation and deteriorating working conditions, which also contribute to unemployment. The policy implications include introducing moderate labour regulations mirroring traditional labour markets, improving cybersecurity and data protection, and creating co-working spaces to reduce social isolation. Additionally, transboundary labour regulations are also essential to safeguard gig workers.”
From a paper by Justina Joseph Jeyaraj, Shyue Chuan Chong, Mui Yin Chin, Lee Peng Foo:
“Youth unemployment remains a persistent global challenge, clouded by the uncertainties surrounding the expanding digital and gig economies. As governments now turn their attention to regulating the gig economy, the potential impact on youth unemployment is unclear. This study seeks to address this gap by investigating the optimal level of labour regulation that can harness the gig economy’s potential to alleviate youth unemployment,
Posted by 11:15 AM
atLabels: Uncategorized
Sunday, June 22, 2025
From a paper by Christos A. Makridis and Saurabh Mishra:
“The share of artificial intelligence (AI) jobs in total job postings has increased from 0.20% to nearly 1% between 2010 and 2019, but there is significant heterogeneity across cities in the United States (US). Using new data on AI job postings across 343 US cities, combined with data on subjective well-being and economic activity, we uncover the central role that service-based cities play to translate the benefits of AI job growth to subjective well-being. We find that cities with higher growth in AI job postings witnessed higher economic growth. The relationship between AI job growth and economic growth is driven by cities that had a higher concentration of modern (or professional) services. AI job growth also leads to an increase in the state of well-being. The transmission channel of AI job growth to increased subjective well-being is explained by the positive relationship between AI jobs and economic growth. These results are consistent with models of structural transformation where technological change leads to improvements in well-being through improvements in economic activity. Our results suggest that AI-driven economic growth, while still in the early days, could also raise overall well-being and social welfare, especially when the pre-existing industrial structure had a higher concentration of modern (or professional) services.”
From a paper by Christos A. Makridis and Saurabh Mishra:
“The share of artificial intelligence (AI) jobs in total job postings has increased from 0.20% to nearly 1% between 2010 and 2019, but there is significant heterogeneity across cities in the United States (US). Using new data on AI job postings across 343 US cities, combined with data on subjective well-being and economic activity, we uncover the central role that service-based cities play to translate the benefits of AI job growth to subjective well-being.
Posted by 8:33 AM
atLabels: Uncategorized
Saturday, May 24, 2025
On cross-country:
Working papers and conferences:
On China:
On Australia and New Zealand:
On other countries:
On cross-country:
Working papers and conferences:
Posted by 5:00 AM
atLabels: Uncategorized
Friday, May 23, 2025
On prices, rent, and mortgage:
On sales, permits, starts, and supply:
On other developments:
On prices, rent, and mortgage:
Posted by 5:00 AM
atLabels: Uncategorized
Tuesday, April 22, 2025
From a paper by Mahdi Shahrazi, Saman Ghaderi & Bahram Sanginabadi:
“The potential influence of global commodity prices on consumer price inflation has been a concern of researchers and policymakers for decades. Even though a body of literature has investigated such connections, the results are mixed. This study uses a structural vector autoregressive (SVAR) model to investigate the impact of global commodity prices on Iran’s inflation over the 2009:1-2018:11 period. We have included commodity price, exchange rate, and stock returns as explanatory variables in our model. Based on the findings of our long-run multiplier matrix the response of inflation to the commodity price shocks is positive and statistically significant. In other words, global commodity prices increase Iranian inflation. Also, the results suggest that the explanatory power of commodity price shocks in inflation fluctuations is higher than those of exchange rate and stock returns in the long run.”
From a paper by Mahdi Shahrazi, Saman Ghaderi & Bahram Sanginabadi:
“The potential influence of global commodity prices on consumer price inflation has been a concern of researchers and policymakers for decades. Even though a body of literature has investigated such connections, the results are mixed. This study uses a structural vector autoregressive (SVAR) model to investigate the impact of global commodity prices on Iran’s inflation over the 2009:1-2018:11 period.
Posted by 4:21 PM
atLabels: Uncategorized
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