Sunday, May 18, 2025
From a paper by Jordan Kjosevski:
“This study examines the impact of venture capital (VC) investments in artificial intelligence (AI) on unemployment rates across 27 EU member states, distinguishing between old and new EU countries. Utilizing annual data from 2012 to 2023, we explore whether AI investments significantly influence unemployment and how these effects vary between advanced economies and those still developing their digital infrastructure. Employing the two-step system Generalized Method of Moments (GMM), we effectively address endogeneity and the dynamic nature of unemployment, making this method well-suited for our panel dataset covering 27 countries over 12 years. Our findings reveal that AI investments correlate with higher unemployment in old EU countries while positively impacting job creation in new EU member states. Based on these results, we recommend targeted policies to enhance AI adoption, improve digital infrastructure, and promote workforce training, particularly in new member states, to optimize the benefits of AI investments and mitigate potential job displacement.”
From a paper by Jordan Kjosevski:
“This study examines the impact of venture capital (VC) investments in artificial intelligence (AI) on unemployment rates across 27 EU member states, distinguishing between old and new EU countries. Utilizing annual data from 2012 to 2023, we explore whether AI investments significantly influence unemployment and how these effects vary between advanced economies and those still developing their digital infrastructure. Employing the two-step system Generalized Method of Moments (GMM),
Posted by 1:51 PM
atLabels: Inclusive Growth
From a paper by Remi Jedwab, Brian Blankespoor, Takaaki Masaki, and Carlos Rodríguez-Castelán:
“What are the spillover effects of foreign conflicts on regional economies, and what local factors can help mitigate the impact of such economic shocks? Adopting a difference-in-difference framework leveraging the breakout of the Boko Haram insurgency in Northeastern Nigeria in 2009, we study its effects in neighboring areas in Cameroon, Chad and Niger that were not directly targeted by Boko Haram activities until the mid 2010s. We find strong negative effects on regional economic activities – proxied by reductions in nighttime lights – particularly amongst areas within 200 km from the Boko Haram area. This negative impact is concentrated in urban areas, as trade was impacted and economic uncertainty rose. The rise of Boko Haram also resulted in more agricultural burning. Foreign conflict shocks can thus accentuate pressure on domestic resources. Focusing on the heterogeneity of the impacts, we find smaller resilience effects in those areas with a worse geography, less agricultural development, more limited infrastructure, and weaker markets and institutions. Overall, these findings suggest that conflicts may have larger spillover effects in geographically challenging and/or economically poorer regions, as is the case in various regions of Africa.”
From a paper by Remi Jedwab, Brian Blankespoor, Takaaki Masaki, and Carlos Rodríguez-Castelán:
“What are the spillover effects of foreign conflicts on regional economies, and what local factors can help mitigate the impact of such economic shocks? Adopting a difference-in-difference framework leveraging the breakout of the Boko Haram insurgency in Northeastern Nigeria in 2009, we study its effects in neighboring areas in Cameroon, Chad and Niger that were not directly targeted by Boko Haram activities until the mid 2010s.
Posted by 1:49 PM
atLabels: Global Housing Watch
From a paper by Seyed Kamal Sadeghi , and Obaida Amer Khudhair:
“Inflation is one of the challenging and vital issues of economics that undeniably affects economic stability in countries all over the world. For this reason, many researchers and policymakers have always sought to identify factors affecting inflation. In the meantime, oil price, as one of the global and strategic variables, can have a significant effect on inflation, especially in countries dependent on oil revenues, such as Iran. Accordingly, considering the importance of inflation and the need to identify the causes and factors affecting it on the one hand and the prominent role of supply-side factors on the other hand, this study aims to investigate the effect of oil price fluctuations on the inflation rate considering the threshold effect of economic growth. To identify the other supply-side factors affecting the inflation rate, including technology and labor market dynamics during 1375-1401, this research applied the threshold regression of time series. According to the results, the oil price has a positive and significant effect on the inflation rate when economic growth is lower than 4.303%. This effect is also positive and significant in the economic growth above the mentioned threshold, but its amount is less. In addition, unemployment and technology have negative and significant effects on the inflation rate, which respectively confirms Phillips’s theory and Solow growth theory. However, population size has a positive and significant effect on the inflation rate.”
From a paper by Seyed Kamal Sadeghi , and Obaida Amer Khudhair:
“Inflation is one of the challenging and vital issues of economics that undeniably affects economic stability in countries all over the world. For this reason, many researchers and policymakers have always sought to identify factors affecting inflation. In the meantime, oil price, as one of the global and strategic variables, can have a significant effect on inflation, especially in countries dependent on oil revenues,
Posted by 8:49 AM
atLabels: Energy & Climate Change
From a paper by Pietro Bomprezzi, Silvia Marchesi, and Rima Turk-Ariss:
“This paper investigates the dynamic aggregate response of firm investments to the approval of an IMF arrangement, distinguishing between General Resource Account (GRA) and Poverty Reduction and Growth Trust (PRGT). Using a stacked difference-in-differences estimator and leveraging firm-level characteristics, we find that firms relying more on external finance, those more exposed to uncertainty, or those with domestic ownership tend to increase investments significantly following a GRA agreement. In contrast, the effect is much more limited in the case of PRGT financed programs. The results contribute to the growing literature on the channels through which IMF programs influence the real economy, offering nuanced insights into how these interventions shape private sector dynamics and broader economic development.”
From a paper by Pietro Bomprezzi, Silvia Marchesi, and Rima Turk-Ariss:
“This paper investigates the dynamic aggregate response of firm investments to the approval of an IMF arrangement, distinguishing between General Resource Account (GRA) and Poverty Reduction and Growth Trust (PRGT). Using a stacked difference-in-differences estimator and leveraging firm-level characteristics, we find that firms relying more on external finance, those more exposed to uncertainty, or those with domestic ownership tend to increase investments significantly following a GRA agreement.
Posted by 8:48 AM
atLabels: Inclusive Growth
Saturday, May 17, 2025
Working papers and conferences:
On Australia and New Zealand:
On other countries:
Working papers and conferences:
On Australia and New Zealand:
Posted by 5:00 AM
atLabels: Global Housing Watch
Subscribe to: Posts