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Abstract: This paper examines the impact of Artificial Intelligence (AI) on labor markets in both Advanced economies (AEs) and Emerging Markets (EMs). We propose an extension to a standard measure of AI exposure, accounting for AI’s potential as either a complement or a...
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Abstract We examine the impact of religious messaging on fertility decisions using a comprehensive database of Pope John Paul II’s visits to Latin America. The effect of Papal visits varies by country context and across populations within countries. The probability of conception...
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Abstract: The proliferation of automation, fueled by advancements in artificial intelligence (AI), including Generative AI (GAI), is revolutionizing various sectors by optimizing workflows, enhancing profitability, and minimizing repetitive tasks performed by workers. While...
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This presentation describes how monetary policy actions undertaken by the U.S. Federal Reserve "spill over" to the rest of the world economy, and particularly to emerging market economies (EMEs). It begins by describing the channels through which the effects...
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Abstract: We propose a contract-theoretic approach to investigate how farmer operators who rent farmland adjust their commitment to land stewardship based on the type of landlord and the expected length of the rental relationship. Utilizing relational contract theory and...
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Seminario de Microeconomía Aplicada - Transhumant Pastoralism, Climate Change and Conflict in Africa
Eventos |Abstract: We consider the effects of climate change on seasonally migrant populations that herd livestock – i.e., transhumant pastoralists – in Africa. Traditionally, transhumant pastoralists benefit from a cooperative relationship with sedentary agriculturalists whereby...
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Abstract: We study a regulation in Chile that mandates front-of-package warning labels on products whose sugar or caloric concentration exceeds certain thresholds. We find that after the introduction of the regulation, consumers reduced their overall sugar and caloric...
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We present new empirical evidence on the use of capital controls on outflows (CCOs) in times of economic crisis, and develop an associated theory. Our evidence indicates that episodes of CCO implementation coincide with macroeconomic and financial stress. Accordingly,...
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This paper aims to understand the long-term consequences for the Colombian economy of a global low-carbon transition. The paper proposes an empirical Stock-Flow Consistent model for Colombia, encompassing relevant dynamics for the economy: details regarding the trade...