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As AI becomes integrated throughout the world, its potential for impact within low-resource regions around the Global South have grown. AI research labs from tech giants like Microsoft, Google, and IBM have a significant presence in…
This paper examines the labor market impacts of the 2015 Mariana Dam disaster in Brazil. It contrasts two theoretical models: an urban spatial equilibrium model and a factor of production model, with diverging perspectives on environmental…
Artificial intelligence (AI) is reshaping the labor market by changing the task content of occupations. This study investigates the impact of AI development on the emergence of new work, employment, and wages in the United States from 2015…
An employer contracts with a worker to incentivize efforts whose productivity depends on ability; the worker then enters a market that pays him contingent on ability evaluation. With non-additive monitoring technology, the interdependence…
Brazil's working-time debate is no longer only a choice between keeping the 44-hour week and moving directly to 36 hours. Alternatives around 40 hours, a five-day schedule and phased transitions are also on the table. This policy note asks…
Labor productivity was studied at the microscopic level in terms of distributions based on individual firm financial data from Japan and the US. A power-law distribution in terms of firms and sector productivity was found in both countries'…
This paper provides a comprehensive examination of a Brazilian corporate tax reform targeted at the sector and product level. Difference-in-differences estimates instrumented by sector eligibility show that a 20 percentage point cut on…
We analyze statistical discrimination in hiring markets using a multi-armed bandit model. Myopic firms face workers arriving with heterogeneous observable characteristics. The association between the worker's skill and characteristics is…
Recent advancements in off-policy Reinforcement Learning (RL) have significantly improved sample efficiency, primarily due to the incorporation of various forms of regularization that enable more gradient update steps than traditional…
As life expectancy in Kenya increases, so does the need for efficient pension schemes that can secure a dignified retirement and protect members from old age poverty. Limited research, however, has explored the efficiency of these schemes…
This paper presents quasi-experimental research examining the effect of both local and state anti-discrimination laws on sexual orientation on the labor supply and wages of lesbian, gay, and bisexual (LGB) workers. To do so, we use the…
We investigate the impact of a regulation policy imposed on an agent exploiting a possibly renewable natural resource. We adopt a principal-agent model in which the Principal looks for a contract, i.e. taxes/compensations, leading the Agent…
Reinforcement Learning (RL) controllers have generated excitement within the control community. The primary advantage of RL controllers relative to existing methods is their ability to optimize uncertain systems independently of explicit…
The COVID-19 pandemic impacted the way of working, including software development. During the pandemic, software companies were forced to work remotely, and many companies have been using such work arrangements. There are prior studies…
Construction industries in developing countries face systemic challenges such as chronic project delays, cost overruns, and regulatory inefficiencies. This paper presents a system dynamics (SD) modeling framework for analyzing policy and…
One factor of success in software development companies is their ability to deliver good quality products, fast. For this, they need to improve their software development practices. We work with a medium-sized company modernizing its…
Development of Curriculum and delivery materials has undergone changes over a period of time, in undergraduate engineering degree system in Indian universities. However, there exists a gap between industry expectations in IT field and…
Technological change is responsible for major changes in the labor market. One of the offspring of technological change is the SBTC, which is for many economists the leading cause of the increasing wage inequality. However, despite that the…
The Fourth Industrial Revolution (4IR) is transforming industries and economies worldwide, presenting both opportunities and challenges for Small and Medium Enterprises (SMEs) and employment. This study qualitatively explores the impact of…
We study how governments promote social welfare through the design of contracting environments. We model the regulation of contracting as default delegation: the government chooses a delegation set of contract terms it is willing to…